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 | $146,363 | $78,422+86.6% | $95,952+52.5% | $79,858+83.3% |
| Participation rate | 88.5% | 73.5%+15.0pp | 77.1%+11.4pp | 69.6%+18.8pp |
| Annual return | 12.25% | 19.37%-7.1pp | 91.61%-79.4pp | 31.71%-19.5pp |
| Employer contribution / active EE | $2,470 | $1,945+27.0% | $2,541-2.8% | $2,4710% |
| Participant deferral / active EE | $6,350 | $3,440+84.6% | $4,167+52.4% | $3,740+69.8% |
| Admin fee / account holder | $12,523 | $5,622+122.7% | $6,795+84.3% | $5,306+136.0% |