Filed September 11, 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 | $79,367 | $54,350+46.0% | $82,719-4.1% | $68,494+15.9% |
| Participation rate | 90.6% | 63.9%+26.7pp | 72.6%+18.1pp | 67.9%+22.7pp |
| Annual return | -18.21% | -13.67%-4.5pp | 701.18%-719.4pp | -7.84%-10.4pp |
| Employer contribution / active EE | $4,693 | $2,218+111.6% | $3,009+56.0% | $2,596+80.8% |
| Participant deferral / active EE | $5,418 | $3,246+66.9% | $4,395+23.3% | $4,027+34.5% |
| Admin fee / account holder | $14,437 | $4,395+228.4% | $5,329+170.9% | $5,403+167.2% |