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 | $100,425 | $80,968+24.0% | $96,544+4.0% | $75,163+33.6% |
| Participation rate | 86.5% | 71.8%+14.7pp | 76.0%+10.5pp | 67.2%+19.3pp |
| Annual return | 18.65% | 27.06%-8.4pp | 25.84%-7.2pp | 160.62%-142.0pp |
| Employer contribution / active EE | $2,784 | $2,282+22.0% | $2,965-6.1% | $2,670+4.3% |
| Participant deferral / active EE | $8,323 | $3,928+111.9% | $4,851+71.6% | $4,125+101.8% |
| Admin fee / account holder | $14,966 | $6,724+122.6% | $8,252+81.4% | $5,651+164.8% |