Filed January 17, 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 8-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 | $57,024 | $152,587-62.6% | $125,175-54.4% | $152,861-62.7% |
| Participation rate | 100.0% | 83.3%+16.7pp | 79.8%+20.2pp | 82.4%+17.6pp |
| Annual return | 19.33% | 54.84%-35.5pp | 43.79%-24.5pp | 345.32%-326.0pp |
| Employer contribution / active EE | $2,828 | $4,946-42.8% | $3,865-26.8% | $4,762-40.6% |
| Participant deferral / active EE | $6,599 | $5,868+12.5% | $4,937+33.7% | $5,850+12.8% |
| Admin fee / account holder | $63,288 | $13,434+371.1% | $9,702+552.3% | $11,596+445.7% |