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 5-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 | $130,012 | $54,350+139.2% | $82,719+57.2% | $68,494+89.8% |
| Participation rate | 100.0% | 63.9%+36.1pp | 72.6%+27.4pp | 67.9%+32.1pp |
| Annual return | -15.13% | -13.67%-1.5pp | 701.18%-716.3pp | -7.84%-7.3pp |
| Employer contribution / active EE | $25,187 | $2,218+1035.5% | $3,009+737.1% | $2,596+870.1% |
| Participant deferral / active EE | $11,251 | $3,246+246.6% | $4,395+156.0% | $4,027+179.4% |
| Admin fee / account holder | $15,617 | $4,395+255.3% | $5,329+193.1% | $5,403+189.1% |