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 | $101,103 | $54,350+86.0% | $82,719+22.2% | $68,494+47.6% |
| Participation rate | 95.0% | 63.9%+31.1pp | 72.6%+22.4pp | 67.9%+27.1pp |
| Annual return | -12.16% | -13.67%+1.5pp | 701.18%-713.3pp | -7.84%-4.3pp |
| Employer contribution / active EE | $7,306 | $2,218+229.4% | $3,009+142.8% | $2,596+181.4% |
| Participant deferral / active EE | $2,391 | $3,246-26.3% | $4,395-45.6% | $4,027-40.6% |
| Admin fee / account holder | $537 | $4,395-87.8% | $5,329-89.9% | $5,403-90.1% |