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 | $129,263 | $110,094+17.4% | $151,611-14.7% | $68,494+88.7% |
| Participation rate | 97.1% | 84.0%+13.2pp | 87.5%+9.6pp | 67.9%+29.3pp |
| Annual return | -15.08% | -10.12%-5.0pp | 3.33%-18.4pp | -7.84%-7.2pp |
| Employer contribution / active EE | $2,535 | $4,471-43.3% | $6,166-58.9% | $2,596-2.3% |
| Participant deferral / active EE | $6,856 | $6,527+5.0% | $8,363-18.0% | $4,027+70.2% |
| Admin fee / account holder | $10,067 | $7,719+30.4% | $11,616-13.3% | $5,403+86.3% |