Filed June 7, 2024
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 | $147,899 | $50,958+190.2% | $74,550+98.4% | $64,186+130.4% |
| Participation rate | 88.5% | 61.1%+27.4pp | 69.1%+19.3pp | 69.6%+18.9pp |
| Annual return | -5.52% | -1.86%-3.7pp | 32.53%-38.0pp | 7.63%-13.2pp |
| Employer contribution / active EE | $5,594 | $1,115+401.6% | $1,961+185.3% | $2,381+135.0% |
| Participant deferral / active EE | $2,047 | $2,301-11.1% | $3,108-34.1% | $3,470-41.0% |
| Admin fee / account holder | $8,563 | $4,223+102.8% | $5,060+69.2% | $4,888+75.2% |