Filed July 14, 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 | $221,062 | $95,416+131.7% | $185,823+19.0% | $85,850+157.5% |
| Participation rate | 100.0% | 68.8%+31.2pp | 81.7%+18.3pp | 69.3%+30.7pp |
| Annual return | 16.17% | 23.59%-7.4pp | 122.05%-105.9pp | 318.53%-302.4pp |
| Employer contribution / active EE | $8,073 | $3,314+143.6% | $5,167+56.2% | $2,565+214.7% |
| Participant deferral / active EE | $15,502 | $3,423+352.8% | $5,568+178.4% | $3,952+292.3% |
| Admin fee / account holder | $3,999 | $7,213-44.5% | $16,237-75.4% | $6,260-36.1% |