Filed October 2, 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 | $65,406 | $52,681+24.2% | $75,781-13.7% | $59,632+9.7% |
| Participation rate | 96.4% | 67.2%+29.2pp | 75.8%+20.6pp | 68.7%+27.8pp |
| Annual return | -2.61% | 2.95%-5.6pp | 9.68%-12.3pp | 2041.28%-2043.9pp |
| Employer contribution / active EE | $7,663 | $2,193+249.4% | $3,323+130.6% | $2,203+247.9% |
| Participant deferral / active EE | $4,961 | $2,591+91.5% | $3,651+35.9% | $3,192+55.4% |
| Admin fee / account holder | $1,649 | $3,610-54.3% | $5,299-68.9% | $4,297-61.6% |