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 | $80,031 | $63,346+26.3% | $92,233-13.2% | $70,131+14.1% |
| Participation rate | 89.7% | 68.7%+21.1pp | 76.5%+13.3pp | 69.5%+20.2pp |
| Annual return | 18.86% | 530.12%-511.3pp | 176.28%-157.4pp | 73.14%-54.3pp |
| Employer contribution / active EE | $5,158 | $2,471+108.7% | $3,679+40.2% | $2,342+120.2% |
| Participant deferral / active EE | $4,641 | $2,854+62.6% | $3,897+19.1% | $3,332+39.3% |
| Admin fee / account holder | $6,062 | $3,840+57.9% | $5,194+16.7% | $4,645+30.5% |