Filed February 3, 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 | $94,629 | $112,096-15.6% | $95,952-1.4% | $158,922-40.5% |
| Participation rate | 100.0% | 79.0%+21.0pp | 77.1%+22.9pp | 82.0%+18.0pp |
| Annual return | 18.27% | 171.09%-152.8pp | 91.61%-73.3pp | 302.83%-284.6pp |
| Employer contribution / active EE | $1,877 | $3,198-41.3% | $2,541-26.1% | $4,761-60.6% |
| Participant deferral / active EE | $5,711 | $4,784+19.4% | $4,167+37.0% | $5,982-4.5% |
| Admin fee / account holder | $335 | $10,130-96.7% | $6,795-95.1% | $11,246-97.0% |