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 | $156,740 | $99,020+58.3% | $86,590+81.0% | $147,584+6.2% |
| Participation rate | 100.0% | 76.3%+23.7pp | 73.5%+26.5pp | 82.8%+17.2pp |
| Annual return | 16.26% | 1312.34%-1296.1pp | 964.84%-948.6pp | 578.55%-562.3pp |
| Employer contribution / active EE | $24,394 | $3,132+678.9% | $2,839+759.1% | $4,876+400.3% |
| Participant deferral / active EE | $10,734 | $3,972+170.2% | $3,609+197.4% | $5,439+97.4% |
| Admin fee / account holder | $14,933 | $5,710+161.5% | $4,906+204.4% | $10,885+37.2% |