Filed November 10, 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 | $113,667 | $144,119-21.1% | $117,854-3.6% | $147,584-23.0% |
| Participation rate | 100.0% | 83.4%+16.6pp | 79.7%+20.3pp | 82.8%+17.2pp |
| Annual return | 19.14% | 531.15%-512.0pp | 335.08%-315.9pp | 578.55%-559.4pp |
| Employer contribution / active EE | $4,064 | $4,896-17.0% | $3,786+7.3% | $4,876-16.7% |
| Participant deferral / active EE | $5,809 | $5,316+9.3% | $4,482+29.6% | $5,439+6.8% |
| Admin fee / account holder | $5,382 | $10,886-50.6% | $8,020-32.9% | $10,885-50.6% |