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 | $103,711 | $148,978-30.4% | $200,582-48.3% | $84,808+22.3% |
| Participation rate | 76.9% | 84.2%-7.3pp | 86.9%-10.0pp | 68.3%+8.6pp |
| Annual return | 54.20% | 28.16%+26.0pp | 42.33%+11.9pp | 40.90%+13.3pp |
| Employer contribution / active EE | $2,305 | $4,815-52.1% | $6,419-64.1% | $2,631-12.4% |
| Participant deferral / active EE | $4,300 | $7,142-39.8% | $9,331-53.9% | $4,212+2.1% |
| Admin fee / account holder | $41,561 | $13,977+197.3% | $16,305+154.9% | $7,344+465.9% |