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 | $65,271 | $100,852-35.3% | $90,404-27.8% | $158,922-58.9% |
| Participation rate | 100.0% | 75.0%+25.0pp | 72.7%+27.3pp | 82.0%+18.0pp |
| Annual return | 11.74% | 1724.20%-1712.5pp | 1293.02%-1281.3pp | 302.83%-291.1pp |
| Employer contribution / active EE | $3,529 | $3,689-4.3% | $3,262+8.2% | $4,761-25.9% |
| Participant deferral / active EE | $6,722 | $4,348+54.6% | $3,963+69.6% | $5,982+12.4% |
| Admin fee / account holder | $14,881 | $6,501+128.9% | $5,611+165.2% | $11,246+32.3% |