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 | $126,605 | $125,758+0.7% | $169,993-25.5% | $75,163+68.4% |
| Participation rate | 89.3% | 83.6%+5.7pp | 87.0%+2.3pp | 67.2%+22.1pp |
| Annual return | 20.82% | 27.20%-6.4pp | 53.37%-32.6pp | 160.62%-139.8pp |
| Employer contribution / active EE | $3,443 | $4,615-25.4% | $6,785-49.3% | $2,670+29.0% |
| Participant deferral / active EE | $5,194 | $6,837-24.0% | $10,408-50.1% | $4,125+25.9% |
| Admin fee / account holder | $8,110 | $8,173-0.8% | $12,815-36.7% | $5,651+43.5% |