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 | $92,367 | $115,882-20.3% | $100,516-8.1% | $158,922-41.9% |
| Participation rate | 100.0% | 81.6%+18.4pp | 79.4%+20.6pp | 82.0%+18.0pp |
| Annual return | 19.63% | 34.79%-15.2pp | 30.89%-11.3pp | 302.83%-283.2pp |
| Employer contribution / active EE | $3,999 | $4,103-2.5% | $3,418+17.0% | $4,761-16.0% |
| Participant deferral / active EE | $10,982 | $6,674+64.5% | $6,270+75.2% | $5,982+83.6% |
| Admin fee / account holder | $7,993 | $10,995-27.3% | $8,081-1.1% | $11,246-28.9% |