Filed January 3, 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 | $125,291 | $159,934-21.7% | $147,005-14.8% | $145,959-14.2% |
| Participation rate | 90.5% | 84.0%+6.5pp | 82.2%+8.3pp | 80.3%+10.2pp |
| Annual return | 27.66% | 98.24%-70.6pp | 418.76%-391.1pp | 561.95%-534.3pp |
| Employer contribution / active EE | $11,942 | $5,287+125.9% | $4,934+142.0% | $4,661+156.2% |
| Participant deferral / active EE | $11,492 | $8,427+36.4% | $8,070+42.4% | $6,689+71.8% |
| Admin fee / account holder | $7,717 | $15,053-48.7% | $13,006-40.7% | $13,398-42.4% |