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 | $117,829 | $148,978-20.9% | $200,582-41.3% | $84,808+38.9% |
| Participation rate | 100.0% | 84.2%+15.8pp | 86.9%+13.1pp | 68.3%+31.7pp |
| Annual return | 14.41% | 28.16%-13.7pp | 42.33%-27.9pp | 40.90%-26.5pp |
| Employer contribution / active EE | $3,410 | $4,815-29.2% | $6,419-46.9% | $2,631+29.6% |
| Participant deferral / active EE | $4,335 | $7,142-39.3% | $9,331-53.5% | $4,212+2.9% |
| Admin fee / account holder | $17,711 | $13,977+26.7% | $16,305+8.6% | $7,344+141.2% |