Filed November 10, 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 | $41,832 | $27,641+51.3% | $61,373-31.8% | $68,494-38.9% |
| Participation rate | 100.0% | 39.5%+60.5pp | 52.6%+47.4pp | 67.9%+32.1pp |
| Annual return | -17.86% | -13.24%-4.6pp | 338.61%-356.5pp | -7.84%-10.0pp |
| Employer contribution / active EE | $1,257 | $695+80.8% | $1,159+8.4% | $2,596-51.6% |
| Participant deferral / active EE | $5,669 | $1,263+348.8% | $2,125+166.8% | $4,027+40.8% |
| Admin fee / account holder | $4,252 | $2,010+111.6% | $2,130+99.7% | $5,403-21.3% |