Filed January 10, 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 | $57,061 | $94,529-39.6% | $140,016-59.2% | $64,186-11.1% |
| Participation rate | 91.0% | 84.1%+6.9pp | 87.5%+3.5pp | 69.6%+21.4pp |
| Annual return | -3.77% | 7.77%-11.5pp | 651.12%-654.9pp | 7.63%-11.4pp |
| Employer contribution / active EE | $4,487 | $3,812+17.7% | $5,606-20.0% | $2,381+88.5% |
| Participant deferral / active EE | $12,516 | $5,250+138.4% | $6,927+80.7% | $3,470+260.7% |
| Admin fee / account holder | $474 | $6,741-93.0% | $10,705-95.6% | $4,888-90.3% |