Filed January 19, 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 | $73,495 | $49,177+49.5% | $79,464-7.5% | $64,186+14.5% |
| Participation rate | 100.0% | 65.0%+35.0pp | 73.3%+26.7pp | 69.6%+30.4pp |
| Annual return | 11.31% | -1.16%+12.5pp | 718.14%-706.8pp | 7.63%+3.7pp |
| Employer contribution / active EE | $3,499 | $2,076+68.5% | $2,800+25.0% | $2,381+47.0% |
| Participant deferral / active EE | $4,549 | $2,821+61.2% | $3,704+22.8% | $3,470+31.1% |
| Admin fee / account holder | $6,068 | $3,839+58.1% | $5,113+18.7% | $4,888+24.1% |