Filed February 28, 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 | $103,151 | $167,484-38.4% | $151,611-32.0% | $134,475-23.3% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.5%+12.5pp | 81.2%+18.8pp |
| Annual return | -17.40% | 7.80%-25.2pp | 3.33%-20.7pp | 417.96%-435.4pp |
| Employer contribution / active EE | $10,085 | $6,829+47.7% | $6,166+63.6% | $4,740+112.8% |
| Participant deferral / active EE | $10,966 | $8,986+22.0% | $8,363+31.1% | $6,400+71.4% |
| Admin fee / account holder | $988 | $13,783-92.8% | $11,616-91.5% | $11,426-91.4% |