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 | $115,479 | $58,208+98.4% | $81,812+41.2% | $80,856+42.8% |
| Participation rate | 100.0% | 63.4%+36.6pp | 72.3%+27.7pp | 67.6%+32.4pp |
| Annual return | 20.75% | 41.66%-20.9pp | 773.79%-753.0pp | 35.59%-14.8pp |
| Employer contribution / active EE | $7,950 | $2,340+239.7% | $2,912+173.0% | $2,755+188.6% |
| Participant deferral / active EE | $4,442 | $3,281+35.4% | $4,319+2.8% | $4,296+3.4% |
| Admin fee / account holder | $7,801 | $4,981+56.6% | $7,386+5.6% | $6,918+12.8% |