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 | $85,605 | $209,411-59.1% | $178,490-52.0% | $158,922-46.1% |
| Participation rate | 100.0% | 86.3%+13.7pp | 81.9%+18.1pp | 82.0%+18.0pp |
| Annual return | 20.36% | 188.75%-168.4pp | 151.07%-130.7pp | 302.83%-282.5pp |
| Employer contribution / active EE | $3,712 | $5,706-35.0% | $5,011-25.9% | $4,761-22.0% |
| Participant deferral / active EE | $4,965 | $5,954-16.6% | $5,202-4.6% | $5,982-17.0% |
| Admin fee / account holder | $20,475 | $17,074+19.9% | $13,984+46.4% | $11,246+82.1% |