Filed September 15, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $446,187 | $85,202+423.7% | $172,739+158.3% | $72,985+511.3% |
| Participation rate | 99.0% | 70.1%+28.9pp | 82.6%+16.3pp | 69.5%+29.5pp |
| Annual return | 22.51% | 27.32%-4.8pp | 802.84%-780.3pp | 81.00%-58.5pp |
| Employer contribution / active EE | $11,724 | $3,324+252.7% | $5,143+128.0% | $2,440+380.5% |
| Participant deferral / active EE | $4,052 | $3,260+24.3% | $5,198-22.0% | $3,607+12.3% |
| Admin fee / account holder | $10,147 | $5,884+72.5% | $13,954-27.3% | $5,124+98.0% |