Filed May 20, 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 | $49,829 | $52,903-5.8% | $73,307-32.0% | $59,632-16.4% |
| Participation rate | 100.0% | 68.2%+31.8pp | 74.9%+25.1pp | 68.7%+31.3pp |
| Annual return | 0.39% | 12.20%-11.8pp | 5.67%-5.3pp | 2041.28%-2040.9pp |
| Employer contribution / active EE | $2,867 | $1,909+50.2% | $3,237-11.4% | $2,203+30.2% |
| Participant deferral / active EE | $5,566 | $4,069+36.8% | $4,991+11.5% | $3,192+74.4% |
| Admin fee / account holder | $1,992 | $3,834-48.0% | $5,637-64.7% | $4,297-53.6% |