Filed November 6, 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 | $111,415 | $169,032-34.1% | $129,207-13.8% | $145,922-23.6% |
| Participation rate | 91.7% | 76.4%+15.2pp | 69.6%+22.1pp | 80.3%+11.4pp |
| Annual return | 15.62% | 14330.11%-14314.5pp | 9417.33%-9401.7pp | 561.29%-545.7pp |
| Employer contribution / active EE | $2,963 | $5,537-46.5% | $4,153-28.7% | $4,660-36.4% |
| Participant deferral / active EE | $9,755 | $4,987+95.6% | $4,168+134.1% | $6,688+45.9% |
| Admin fee / account holder | $2,533 | $9,954-74.6% | $7,715-67.2% | $13,397-81.1% |