Filed January 25, 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 | $63,856 | $165,335-61.4% | $149,696-57.3% | $158,922-59.8% |
| Participation rate | 93.3% | 84.6%+8.8pp | 82.5%+10.9pp | 82.0%+11.4pp |
| Annual return | 16.15% | 348.15%-332.0pp | 276.60%-260.5pp | 302.83%-286.7pp |
| Employer contribution / active EE | $2,163 | $5,103-57.6% | $4,644-53.4% | $4,761-54.6% |
| Participant deferral / active EE | $5,070 | $7,181-29.4% | $6,842-25.9% | $5,982-15.2% |
| Admin fee / account holder | $11,056 | $10,807+2.3% | $9,309+18.8% | $11,246-1.7% |