Filed February 7, 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 | $69,774 | $105,859-34.1% | $90,160-22.6% | $147,584-52.7% |
| Participation rate | 87.5% | 79.7%+7.8pp | 76.9%+10.6pp | 82.8%+4.7pp |
| Annual return | 20.23% | 37.63%-17.4pp | 34.88%-14.7pp | 578.55%-558.3pp |
| Employer contribution / active EE | $3,079 | $4,126-25.4% | $3,318-7.2% | $4,876-36.9% |
| Participant deferral / active EE | $8,507 | $5,733+48.4% | $5,288+60.9% | $5,439+56.4% |
| Admin fee / account holder | $11,190 | $8,046+39.1% | $5,943+88.3% | $10,885+2.8% |