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 | $49,827 | $185,822-73.2% | $169,993-70.7% | $139,434-64.3% |
| Participation rate | 100.0% | 87.8%+12.2pp | 87.0%+13.0pp | 80.3%+19.7pp |
| Annual return | 11.11% | 60.50%-49.4pp | 53.37%-42.3pp | 372.94%-361.8pp |
| Employer contribution / active EE | $10,064 | $7,590+32.6% | $6,785+48.3% | $4,751+111.8% |
| Participant deferral / active EE | $7,513 | $11,622-35.4% | $10,408-27.8% | $6,710+12.0% |
| Admin fee / account holder | $4,072 | $15,381-73.5% | $12,815-68.2% | $11,403-64.3% |