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 | $69,463 | $162,781-57.3% | $133,956-48.1% | $158,922-56.3% |
| Participation rate | 90.5% | 83.2%+7.3pp | 79.8%+10.6pp | 82.0%+8.5pp |
| Annual return | 20.00% | 41.94%-21.9pp | 45.09%-25.1pp | 302.83%-282.8pp |
| Employer contribution / active EE | $2,722 | $4,975-45.3% | $3,919-30.5% | $4,761-42.8% |
| Participant deferral / active EE | $6,143 | $5,911+3.9% | $5,048+21.7% | $5,982+2.7% |
| Admin fee / account holder | $913 | $11,736-92.2% | $8,927-89.8% | $11,246-91.9% |