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 | $258,314 | $110,094+134.6% | $151,611+70.4% | $68,494+277.1% |
| Participation rate | 93.9% | 84.0%+9.9pp | 87.5%+6.4pp | 67.9%+26.0pp |
| Annual return | -11.40% | -10.12%-1.3pp | 3.33%-14.7pp | -7.84%-3.6pp |
| Employer contribution / active EE | $8,065 | $4,471+80.4% | $6,166+30.8% | $2,596+210.6% |
| Participant deferral / active EE | $6,311 | $6,527-3.3% | $8,363-24.5% | $4,027+56.7% |
| Admin fee / account holder | $12,428 | $7,719+61.0% | $11,616+7.0% | $5,403+130.0% |