Filed March 19, 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 | $49,384 | $105,998-53.4% | $92,233-46.5% | $147,584-66.5% |
| Participation rate | 83.3% | 80.4%+2.9pp | 76.5%+6.9pp | 82.8%+0.5pp |
| Annual return | 14.46% | 50.05%-35.6pp | 176.28%-161.8pp | 578.55%-564.1pp |
| Employer contribution / active EE | $2,214 | $4,333-48.9% | $3,679-39.8% | $4,876-54.6% |
| Participant deferral / active EE | $4,893 | $4,478+9.3% | $3,897+25.6% | $5,439-10.0% |
| Admin fee / account holder | $1,017 | $6,332-83.9% | $5,194-80.4% | $10,885-90.7% |