Filed April 20, 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 | $67,636 | $54,350+24.4% | $82,719-18.2% | $68,494-1.3% |
| Participation rate | 100.0% | 63.9%+36.1pp | 72.6%+27.4pp | 67.9%+32.1pp |
| Annual return | -15.22% | -13.67%-1.6pp | 701.18%-716.4pp | -7.84%-7.4pp |
| Employer contribution / active EE | $2,696 | $2,218+21.6% | $3,009-10.4% | $2,596+3.8% |
| Participant deferral / active EE | $5,091 | $3,246+56.8% | $4,395+15.8% | $4,027+26.4% |
| Admin fee / account holder | $16,189 | $4,395+268.3% | $5,329+203.8% | $5,403+199.6% |