Filed April 27, 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 | $152,135 | $109,413+39.0% | $156,263-2.6% | $84,808+79.4% |
| Participation rate | 98.5% | 72.7%+25.8pp | 78.9%+19.6pp | 68.3%+30.2pp |
| Annual return | 15.05% | 20.18%-5.1pp | 59.47%-44.4pp | 40.90%-25.8pp |
| Employer contribution / active EE | $1,086 | $2,907-62.6% | $4,333-74.9% | $2,631-58.7% |
| Participant deferral / active EE | $9,696 | $4,590+111.3% | $6,158+57.4% | $4,212+130.2% |
| Admin fee / account holder | $7,750 | $9,357-17.2% | $14,255-45.6% | $7,344+5.5% |