Filed February 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $353,295 | $99,020+256.8% | $86,590+308.0% | $147,584+139.4% |
| Participation rate | 100.0% | 76.3%+23.7pp | 73.5%+26.5pp | 82.8%+17.2pp |
| Annual return | 13.46% | 1312.34%-1298.9pp | 964.84%-951.4pp | 578.55%-565.1pp |
| Employer contribution / active EE | $20,356 | $3,132+550.0% | $2,839+616.9% | $4,876+317.5% |
| Participant deferral / active EE | $11,375 | $3,972+186.4% | $3,609+215.2% | $5,439+109.1% |
| Admin fee / account holder | $6,123 | $5,710+7.2% | $4,906+24.8% | $10,885-43.8% |