Filed March 28, 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 | $102,371 | $197,591-48.2% | $177,821-42.4% | $158,922-35.6% |
| Participation rate | 79.2% | 88.5%-9.4pp | 87.7%-8.6pp | 82.0%-2.8pp |
| Annual return | 8.80% | 58.76%-50.0pp | 48.32%-39.5pp | 302.83%-294.0pp |
| Employer contribution / active EE | $2,873 | $6,697-57.1% | $5,918-51.5% | $4,761-39.7% |
| Participant deferral / active EE | $4,097 | $8,405-51.3% | $7,714-46.9% | $5,982-31.5% |
| Admin fee / account holder | $2,637 | $15,399-82.9% | $12,427-78.8% | $11,246-76.6% |