Filed August 21, 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 | $75,991 | $138,044-45.0% | $125,339-39.4% | $134,475-43.5% |
| Participation rate | 77.8% | 84.5%-6.7pp | 82.4%-4.6pp | 81.2%-3.4pp |
| Annual return | -17.59% | 750.33%-767.9pp | 572.05%-589.6pp | 417.96%-435.6pp |
| Employer contribution / active EE | $3,688 | $5,243-29.7% | $4,814-23.4% | $4,740-22.2% |
| Participant deferral / active EE | $9,599 | $7,799+23.1% | $7,446+28.9% | $6,400+50.0% |
| Admin fee / account holder | $10,071 | $11,571-13.0% | $10,010+0.6% | $11,426-11.9% |