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 | $108,365 | $135,635-20.1% | $110,238-1.7% | $135,375-20.0% |
| Participation rate | 95.0% | 83.5%+11.5pp | 79.8%+15.2pp | 82.6%+12.4pp |
| Annual return | -5.82% | 513.19%-519.0pp | 314.74%-320.6pp | 519.73%-525.6pp |
| Employer contribution / active EE | $2,114 | $4,906-56.9% | $3,826-44.8% | $4,779-55.8% |
| Participant deferral / active EE | $7,750 | $5,506+40.7% | $4,672+65.9% | $5,609+38.2% |
| Admin fee / account holder | $29,448 | $11,457+157.0% | $8,547+244.5% | $10,827+172.0% |