Filed January 12, 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 | $189,473 | $54,705+246.4% | $71,209+166.1% | $84,808+123.4% |
| Participation rate | 98.2% | 64.1%+34.1pp | 73.8%+24.4pp | 68.3%+29.9pp |
| Annual return | 18.92% | 35.90%-17.0pp | 282.51%-263.6pp | 40.90%-22.0pp |
| Employer contribution / active EE | $8,721 | $2,158+304.2% | $2,721+220.5% | $2,631+231.5% |
| Participant deferral / active EE | $11,586 | $3,030+282.3% | $4,175+177.5% | $4,212+175.1% |
| Admin fee / account holder | $6,762 | $4,863+39.0% | $5,349+26.4% | $7,344-7.9% |