Filed January 24, 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 5-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 | $119,718 | $125,758-4.8% | $169,993-29.6% | $75,163+59.3% |
| Participation rate | 71.3% | 83.6%-12.3pp | 87.0%-15.7pp | 67.2%+4.1pp |
| Annual return | 18.55% | 27.20%-8.6pp | 53.37%-34.8pp | 160.62%-142.1pp |
| Employer contribution / active EE | $1,549 | $4,615-66.4% | $6,785-77.2% | $2,670-42.0% |
| Participant deferral / active EE | $3,363 | $6,837-50.8% | $10,408-67.7% | $4,125-18.5% |
| Admin fee / account holder | $28,928 | $8,173+253.9% | $12,815+125.7% | $5,651+411.9% |