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 | $90,795 | $110,094-17.5% | $151,611-40.1% | $68,494+32.6% |
| Participation rate | 71.4% | 84.0%-12.5pp | 87.5%-16.1pp | 67.9%+3.5pp |
| Annual return | -9.08% | -10.12%+1.0pp | 3.33%-12.4pp | -7.84%-1.2pp |
| Employer contribution / active EE | $3,601 | $4,471-19.5% | $6,166-41.6% | $2,596+38.7% |
| Participant deferral / active EE | $4,620 | $6,527-29.2% | $8,363-44.8% | $4,027+14.7% |
| Admin fee / account holder | $19,722 | $7,719+155.5% | $11,616+69.8% | $5,403+265.0% |