Filed July 11, 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 | $51,962 | $90,600-42.6% | $79,464-34.6% | $135,375-61.6% |
| Participation rate | 100.0% | 76.0%+24.0pp | 73.3%+26.7pp | 82.6%+17.4pp |
| Annual return | 0.97% | 977.43%-976.5pp | 718.14%-717.2pp | 519.73%-518.8pp |
| Employer contribution / active EE | $3,279 | $3,068+6.9% | $2,800+17.1% | $4,779-31.4% |
| Participant deferral / active EE | $3,918 | $4,050-3.3% | $3,704+5.8% | $5,609-30.1% |
| Admin fee / account holder | $3,919 | $5,907-33.6% | $5,113-23.3% | $10,827-63.8% |