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 | $58,687 | $27,915+110.2% | $58,482+0.3% | $75,163-21.9% |
| Participation rate | 100.0% | 38.8%+61.2pp | 50.9%+49.1pp | 67.2%+32.8pp |
| Annual return | 17.99% | 44.20%-26.2pp | 4239.32%-4221.3pp | 160.62%-142.6pp |
| Employer contribution / active EE | $3,898 | $669+482.7% | $1,053+270.1% | $2,670+46.0% |
| Participant deferral / active EE | $6,389 | $1,201+431.8% | $1,924+232.1% | $4,125+54.9% |
| Admin fee / account holder | $2,324 | $1,726+34.7% | $2,516-7.6% | $5,651-58.9% |