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 | $155,828 | $158,398-1.6% | $126,539+23.1% | $142,382+9.4% |
| Participation rate | 100.0% | 75.8%+24.2pp | 69.8%+30.2pp | 80.1%+19.9pp |
| Annual return | 14.97% | 593.76%-578.8pp | 425.95%-411.0pp | 217.08%-202.1pp |
| Employer contribution / active EE | $3,899 | $4,650-16.2% | $3,674+6.1% | $4,299-9.3% |
| Participant deferral / active EE | $13,641 | $4,767+186.2% | $4,083+234.1% | $6,507+109.6% |
| Admin fee / account holder | $1,838 | $6,918-73.4% | $6,065-69.7% | $12,624-85.4% |