Filed March 6, 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 3-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 | $107,303 | $58,208+84.3% | $81,812+31.2% | $80,856+32.7% |
| Participation rate | 96.0% | 63.4%+32.6pp | 72.3%+23.7pp | 67.6%+28.4pp |
| Annual return | 22.91% | 41.66%-18.8pp | 773.79%-750.9pp | 35.59%-12.7pp |
| Employer contribution / active EE | $8,919 | $2,340+281.2% | $2,912+206.3% | $2,755+223.8% |
| Participant deferral / active EE | $12,762 | $3,281+289.0% | $4,319+195.5% | $4,296+197.1% |
| Admin fee / account holder | $548 | $4,981-89.0% | $7,386-92.6% | $6,918-92.1% |