Filed November 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 | $105,216 | $89,355+17.8% | $141,162-25.5% | $72,985+44.2% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 23.62% | 111.85%-88.2pp | 71.39%-47.8pp | 81.00%-57.4pp |
| Employer contribution / active EE | $3,579 | $3,114+14.9% | $4,735-24.4% | $2,440+46.7% |
| Participant deferral / active EE | $5,950 | $5,418+9.8% | $6,709-11.3% | $3,607+64.9% |
| Admin fee / account holder | $6,238 | $5,958+4.7% | $10,261-39.2% | $5,124+21.7% |