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 | $84,182 | $65,365+28.8% | $92,893-9.4% | $72,985+15.3% |
| Participation rate | 77.0% | 68.3%+8.7pp | 76.0%+1.0pp | 69.5%+7.5pp |
| Annual return | 22.07% | 42.10%-20.0pp | 109.41%-87.3pp | 81.00%-58.9pp |
| Employer contribution / active EE | $3,165 | $2,594+22.0% | $3,653-13.3% | $2,440+29.7% |
| Participant deferral / active EE | $6,625 | $3,128+111.8% | $4,236+56.4% | $3,607+83.6% |
| Admin fee / account holder | $1,294 | $4,251-69.6% | $5,794-77.7% | $5,124-74.7% |