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 | $148,827 | $125,758+18.3% | $169,993-12.5% | $75,163+98.0% |
| Participation rate | 95.8% | 83.6%+12.2pp | 87.0%+8.8pp | 67.2%+28.6pp |
| Annual return | 19.18% | 27.20%-8.0pp | 53.37%-34.2pp | 160.62%-141.4pp |
| Employer contribution / active EE | $3,212 | $4,615-30.4% | $6,785-52.7% | $2,670+20.3% |
| Participant deferral / active EE | $8,091 | $6,837+18.3% | $10,408-22.3% | $4,125+96.1% |
| Admin fee / account holder | $6,129 | $8,173-25.0% | $12,815-52.2% | $5,651+8.5% |