Filed June 30, 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 | $53,834 | $91,552-41.2% | $133,956-59.8% | $79,858-32.6% |
| Participation rate | 89.3% | 73.3%+15.9pp | 79.8%+9.4pp | 69.6%+19.7pp |
| Annual return | 15.00% | 61.85%-46.8pp | 45.09%-30.1pp | 31.71%-16.7pp |
| Employer contribution / active EE | $2,227 | $2,384-6.6% | $3,919-43.2% | $2,471-9.9% |
| Participant deferral / active EE | $4,445 | $3,733+19.1% | $5,048-11.9% | $3,740+18.9% |
| Admin fee / account holder | $3,548 | $6,321-43.9% | $8,927-60.3% | $5,306-33.1% |