Filed March 15, 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 | $108,862 | $94,529+15.2% | $140,016-22.3% | $64,186+69.6% |
| Participation rate | 98.4% | 84.1%+14.3pp | 87.5%+10.9pp | 69.6%+28.8pp |
| Annual return | -5.12% | 7.77%-12.9pp | 651.12%-656.2pp | 7.63%-12.8pp |
| Employer contribution / active EE | $1,790 | $3,812-53.0% | $5,606-68.1% | $2,381-24.8% |
| Participant deferral / active EE | $6,118 | $5,250+16.5% | $6,927-11.7% | $3,470+76.3% |
| Admin fee / account holder | $1,883 | $6,741-72.1% | $10,705-82.4% | $4,888-61.5% |