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 | $180,869 | $138,347+30.7% | $184,203-1.8% | $80,856+123.7% |
| Participation rate | 97.2% | 83.9%+13.4pp | 86.8%+10.4pp | 67.6%+29.6pp |
| Annual return | 13.61% | 20.02%-6.4pp | 28.81%-15.2pp | 35.59%-22.0pp |
| Employer contribution / active EE | $3,277 | $4,850-32.4% | $6,427-49.0% | $2,755+18.9% |
| Participant deferral / active EE | $8,401 | $7,071+18.8% | $9,131-8.0% | $4,296+95.6% |
| Admin fee / account holder | $8,301 | $10,483-20.8% | $13,901-40.3% | $6,918+20.0% |