Filed September 25, 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 5-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 | $63,299 | $101,499-37.6% | $147,005-56.9% | $74,546-15.1% |
| Participation rate | 78.0% | 75.5%+2.5pp | 82.2%-4.2pp | 67.2%+10.8pp |
| Annual return | 32.56% | 8732.34%-8699.8pp | 418.76%-386.2pp | 1366.03%-1333.5pp |
| Employer contribution / active EE | $3,399 | $3,811-10.8% | $4,934-31.1% | $2,624+29.5% |
| Participant deferral / active EE | $9,600 | $7,304+31.4% | $8,070+19.0% | $4,347+120.8% |
| Admin fee / account holder | $1,600 | $1,748-8.5% | $13,006-87.7% | $1,944-17.7% |