Filed March 22, 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 10-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 | $86,770 | $202,318-57.1% | $172,739-49.8% | $152,861-43.2% |
| Participation rate | 100.0% | 87.1%+12.9pp | 82.6%+17.4pp | 82.4%+17.6pp |
| Annual return | 17.97% | 1029.65%-1011.7pp | 802.84%-784.9pp | 345.32%-327.4pp |
| Employer contribution / active EE | $4,823 | $5,856-17.6% | $5,143-6.2% | $4,762+1.3% |
| Participant deferral / active EE | $5,270 | $5,948-11.4% | $5,198+1.4% | $5,850-9.9% |
| Admin fee / account holder | $3,306 | $17,109-80.7% | $13,954-76.3% | $11,596-71.5% |