Filed May 26, 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 | $124,726 | $137,414-9.2% | $189,513-34.2% | $85,850+45.3% |
| Participation rate | 100.0% | 84.6%+15.4pp | 87.8%+12.2pp | 69.3%+30.7pp |
| Annual return | 15.71% | 38.14%-22.4pp | 555.15%-539.4pp | 318.53%-302.8pp |
| Employer contribution / active EE | $3,116 | $4,344-28.3% | $6,162-49.4% | $2,565+21.5% |
| Participant deferral / active EE | $4,891 | $6,260-21.9% | $8,221-40.5% | $3,952+23.8% |
| Admin fee / account holder | $8,756 | $8,630+1.5% | $12,045-27.3% | $6,260+39.9% |