Filed February 1, 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 | $139,609 | $165,335-15.6% | $149,696-6.7% | $158,922-12.2% |
| Participation rate | 76.2% | 84.6%-8.4pp | 82.5%-6.3pp | 82.0%-5.8pp |
| Annual return | 26.52% | 348.15%-321.6pp | 276.60%-250.1pp | 302.83%-276.3pp |
| Employer contribution / active EE | $2,107 | $5,103-58.7% | $4,644-54.6% | $4,761-55.8% |
| Participant deferral / active EE | $13,719 | $7,181+91.0% | $6,842+100.5% | $5,982+129.3% |
| Admin fee / account holder | $6,110 | $10,807-43.5% | $9,309-34.4% | $11,246-45.7% |