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 | $81,148 | $57,281+41.7% | $86,612-6.3% | $75,163+8.0% |
| Participation rate | 85.4% | 63.2%+22.2pp | 71.7%+13.7pp | 67.2%+18.2pp |
| Annual return | 23.77% | 2670.75%-2647.0pp | 591.07%-567.3pp | 160.62%-136.8pp |
| Employer contribution / active EE | $4,659 | $2,314+101.3% | $3,022+54.2% | $2,670+74.5% |
| Participant deferral / active EE | $8,491 | $3,318+155.9% | $4,438+91.3% | $4,125+105.8% |
| Admin fee / account holder | $1,333 | $4,112-67.6% | $5,614-76.3% | $5,651-76.4% |