Filed February 7, 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 | $65,014 | $49,177+32.2% | $79,464-18.2% | $64,186+1.3% |
| Participation rate | 100.0% | 65.0%+35.0pp | 73.3%+26.7pp | 69.6%+30.4pp |
| Annual return | -3.45% | -1.16%-2.3pp | 718.14%-721.6pp | 7.63%-11.1pp |
| Employer contribution / active EE | $4,293 | $2,076+106.8% | $2,800+53.3% | $2,381+80.3% |
| Participant deferral / active EE | $1,496 | $2,821-47.0% | $3,704-59.6% | $3,470-56.9% |
| Admin fee / account holder | $2,179 | $3,839-43.2% | $5,113-57.4% | $4,888-55.4% |