Filed January 13, 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 | $64,319 | $138,044-53.4% | $125,339-48.7% | $134,475-52.2% |
| Participation rate | 80.0% | 84.5%-4.5pp | 82.4%-2.4pp | 81.2%-1.2pp |
| Annual return | -20.38% | 750.33%-770.7pp | 572.05%-592.4pp | 417.96%-438.3pp |
| Employer contribution / active EE | $3,524 | $5,243-32.8% | $4,814-26.8% | $4,740-25.6% |
| Participant deferral / active EE | $4,931 | $7,799-36.8% | $7,446-33.8% | $6,400-22.9% |
| Admin fee / account holder | $2,528 | $11,571-78.2% | $10,010-74.7% | $11,426-77.9% |