Filed July 21, 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 | $74,628 | $60,124+24.1% | $90,404-17.5% | $79,858-6.5% |
| Participation rate | 95.6% | 65.0%+30.6pp | 72.7%+22.9pp | 69.6%+25.9pp |
| Annual return | 22.84% | 71.94%-49.1pp | 1293.02%-1270.2pp | 31.71%-8.9pp |
| Employer contribution / active EE | $4,216 | $2,068+103.9% | $3,262+29.2% | $2,471+70.6% |
| Participant deferral / active EE | $7,401 | $2,938+151.9% | $3,963+86.7% | $3,740+97.9% |
| Admin fee / account holder | $3,296 | $3,976-17.1% | $5,611-41.3% | $5,306-37.9% |