Filed March 23, 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 | $78,858 | $63,346+24.5% | $92,233-14.5% | $70,131+12.4% |
| Participation rate | 70.0% | 68.7%+1.3pp | 76.5%-6.5pp | 69.5%+0.5pp |
| Annual return | 16.89% | 530.12%-513.2pp | 176.28%-159.4pp | 73.14%-56.3pp |
| Employer contribution / active EE | $2,044 | $2,471-17.3% | $3,679-44.4% | $2,342-12.7% |
| Participant deferral / active EE | $5,321 | $2,854+86.4% | $3,897+36.5% | $3,332+59.7% |
| Admin fee / account holder | $7,065 | $3,840+84.0% | $5,194+36.0% | $4,645+52.1% |