Filed August 7, 2023
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 6-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,762 | $45,152+116.5% | $73,843+32.4% | $59,632+63.9% |
| Participation rate | 100.0% | 64.0%+36.0pp | 73.4%+26.6pp | 68.7%+31.3pp |
| Annual return | 1.65% | 27.40%-25.7pp | 2267.84%-2266.2pp | 2041.28%-2039.6pp |
| Employer contribution / active EE | $22,403 | $1,902+1078.0% | $2,787+703.7% | $2,203+917.1% |
| Participant deferral / active EE | $8,255 | $2,574+220.7% | $3,583+130.4% | $3,192+158.6% |
| Admin fee / account holder | $18,302 | $3,516+420.5% | $4,880+275.0% | $4,297+325.9% |