Filed May 23, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $261,907 | $88,707+195.2% | $74,183+253.1% | $273,961-4.4% |
| Participation rate | 100.0% | 79.4%+20.6pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 6.65% | 11.94%-5.3pp | 17.74%-11.1pp | 41.45%-34.8pp |
| Employer contribution / active EE | $6,006 | $3,159+90.1% | $2,370+153.4% | $4,869+23.4% |
| Participant deferral / active EE | $9,265 | $4,212+120.0% | $3,550+161.0% | $5,287+75.2% |
| Admin fee / account holder | $25,276 | $8,717+190.0% | $5,586+352.5% | $10,132+149.5% |