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 | $73,593 | $48,076+53.1% | $78,689-6.5% | $62,891+17.0% |
| Participation rate | 93.5% | 65.2%+28.3pp | 73.6%+19.9pp | 69.3%+24.2pp |
| Annual return | 11.66% | 31.35%-19.7pp | 62.18%-50.5pp | 20.14%-8.5pp |
| Employer contribution / active EE | $6,782 | $2,015+236.6% | $2,851+137.9% | $2,281+197.3% |
| Participant deferral / active EE | $7,215 | $2,588+178.8% | $3,517+105.1% | $3,203+125.2% |
| Admin fee / account holder | $4,857 | $3,207+51.4% | $4,510+7.7% | $4,296+13.1% |