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 | $182,012 | $137,414+32.5% | $189,513-4.0% | $85,850+112.0% |
| Participation rate | 96.7% | 84.6%+12.1pp | 87.8%+8.9pp | 69.3%+27.4pp |
| Annual return | 15.91% | 38.14%-22.2pp | 555.15%-539.2pp | 318.53%-302.6pp |
| Employer contribution / active EE | $2,624 | $4,344-39.6% | $6,162-57.4% | $2,565+2.3% |
| Participant deferral / active EE | $7,440 | $6,260+18.8% | $8,221-9.5% | $3,952+88.3% |
| Admin fee / account holder | $10,389 | $8,630+20.4% | $12,045-13.7% | $6,260+66.0% |