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 | $79,717 | $30,400+162.2% | $53,898+47.9% | $84,808-6.0% |
| Participation rate | 100.0% | 46.4%+53.6pp | 55.0%+45.0pp | 68.3%+31.7pp |
| Annual return | 17.72% | 500.19%-482.5pp | 528.60%-510.9pp | 40.90%-23.2pp |
| Employer contribution / active EE | $4,151 | $603+588.8% | $932+345.4% | $2,631+57.8% |
| Participant deferral / active EE | $6,745 | $1,199+462.7% | $1,826+269.3% | $4,212+60.2% |
| Admin fee / account holder | $1,962 | $1,993-1.6% | $2,491-21.2% | $7,344-73.3% |