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 | $46,221 | $183,963-74.9% | $162,163-71.5% | $152,861-69.8% |
| Participation rate | 90.9% | 88.5%+2.4pp | 87.6%+3.4pp | 82.4%+8.5pp |
| Annual return | 15.73% | 150.76%-135.0pp | 115.59%-99.9pp | 345.32%-329.6pp |
| Employer contribution / active EE | $2,032 | $6,371-68.1% | $5,614-63.8% | $4,762-57.3% |
| Participant deferral / active EE | $4,398 | $8,034-45.3% | $7,298-39.7% | $5,850-24.8% |
| Admin fee / account holder | $3,922 | $13,121-70.1% | $10,843-63.8% | $11,596-66.2% |