Filed June 28, 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 | $267,406 | $137,414+94.6% | $189,513+41.1% | $85,850+211.5% |
| Participation rate | 96.8% | 84.6%+12.2pp | 87.8%+9.0pp | 69.3%+27.5pp |
| Annual return | 13.42% | 38.14%-24.7pp | 555.15%-541.7pp | 318.53%-305.1pp |
| Employer contribution / active EE | $6,171 | $4,344+42.1% | $6,162+0.2% | $2,565+140.6% |
| Participant deferral / active EE | $5,107 | $6,260-18.4% | $8,221-37.9% | $3,952+29.2% |
| Admin fee / account holder | $4,539 | $8,630-47.4% | $12,045-62.3% | $6,260-27.5% |