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 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 | $62,314 | $167,484-62.8% | $151,611-58.9% | $134,475-53.7% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.5%+12.5pp | 81.2%+18.8pp |
| Annual return | -13.05% | 7.80%-20.9pp | 3.33%-16.4pp | 417.96%-431.0pp |
| Employer contribution / active EE | $7,233 | $6,829+5.9% | $6,166+17.3% | $4,740+52.6% |
| Participant deferral / active EE | $8,235 | $8,986-8.4% | $8,363-1.5% | $6,400+28.7% |
| Admin fee / account holder | $1,471 | $13,783-89.3% | $11,616-87.3% | $11,426-87.1% |