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 | $62,516 | $54,350+15.0% | $82,719-24.4% | $68,494-8.7% |
| Participation rate | 94.6% | 63.9%+30.7pp | 72.6%+22.1pp | 67.9%+26.8pp |
| Annual return | -13.78% | -13.67%-0.1pp | 701.18%-715.0pp | -7.84%-5.9pp |
| Employer contribution / active EE | $3,624 | $2,218+63.4% | $3,009+20.5% | $2,596+39.6% |
| Participant deferral / active EE | $6,490 | $3,246+99.9% | $4,395+47.7% | $4,027+61.2% |
| Admin fee / account holder | $439 | $4,395-90.0% | $5,329-91.8% | $5,403-91.9% |