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 | $68,127 | $142,344-52.1% | $119,609-43.0% | $134,475-49.3% |
| Participation rate | 91.3% | 82.8%+8.5pp | 79.3%+12.0pp | 81.2%+10.1pp |
| Annual return | -18.95% | -12.44%-6.5pp | -14.97%-4.0pp | 417.96%-436.9pp |
| Employer contribution / active EE | $2,980 | $5,222-42.9% | $4,232-29.6% | $4,740-37.1% |
| Participant deferral / active EE | $6,700 | $6,469+3.6% | $5,602+19.6% | $6,400+4.7% |
| Admin fee / account holder | $7,249 | $13,584-46.6% | $10,323-29.8% | $11,426-36.6% |