Filed January 18, 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 | $125,281 | $62,586+100.2% | $76,768+63.2% | $64,186+95.2% |
| Participation rate | 95.7% | 72.8%+22.8pp | 77.0%+18.7pp | 69.6%+26.1pp |
| Annual return | -4.80% | -1.95%-2.9pp | 2.43%-7.2pp | 7.63%-12.4pp |
| Employer contribution / active EE | $2,577 | $1,832+40.7% | $2,485+3.7% | $2,381+8.2% |
| Participant deferral / active EE | $7,240 | $3,145+130.2% | $3,852+88.0% | $3,470+108.7% |
| Admin fee / account holder | $12,639 | $4,667+170.8% | $6,675+89.3% | $4,888+158.6% |