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 | $89,760 | $54,705+64.1% | $71,209+26.1% | $84,808+5.8% |
| Participation rate | 81.9% | 64.1%+17.9pp | 73.8%+8.2pp | 68.3%+13.6pp |
| Annual return | 13.64% | 35.90%-22.3pp | 282.51%-268.9pp | 40.90%-27.3pp |
| Employer contribution / active EE | $2,946 | $2,158+36.5% | $2,721+8.3% | $2,631+12.0% |
| Participant deferral / active EE | $5,107 | $3,030+68.5% | $4,175+22.3% | $4,212+21.3% |
| Admin fee / account holder | $923 | $4,863-81.0% | $5,349-82.8% | $7,344-87.4% |