Filed February 3, 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 | $248,027 | $128,603+92.9% | $197,124+25.8% | $67,986+264.8% |
| Participation rate | 79.2% | 81.7%-2.4pp | 86.7%-7.5pp | 57.2%+22.0pp |
| Annual return | 16.41% | 23.77%-7.4pp | 44.34%-27.9pp | 31.67%-15.3pp |
| Employer contribution / active EE | $5,045 | $4,379+15.2% | $6,227-19.0% | $2,019+149.9% |
| Participant deferral / active EE | $6,737 | $6,840-1.5% | $9,135-26.2% | $3,358+100.6% |
| Admin fee / account holder | $12,195 | $3,035+301.8% | $16,298-25.2% | $3,203+280.7% |