Filed October 17, 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 | $165,531 | $63,346+161.3% | $92,233+79.5% | $70,131+136.0% |
| Participation rate | 90.3% | 68.7%+21.6pp | 76.5%+13.8pp | 69.5%+20.8pp |
| Annual return | 17.69% | 530.12%-512.4pp | 176.28%-158.6pp | 73.14%-55.4pp |
| Employer contribution / active EE | $1,837 | $2,471-25.6% | $3,679-50.1% | $2,342-21.6% |
| Participant deferral / active EE | $5,626 | $2,854+97.1% | $3,897+44.4% | $3,332+68.8% |
| Admin fee / account holder | $5,048 | $3,840+31.5% | $5,194-2.8% | $4,645+8.7% |