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 | $276,912 | $125,758+120.2% | $169,993+62.9% | $75,163+268.4% |
| Participation rate | 96.0% | 83.6%+12.4pp | 87.0%+9.0pp | 67.2%+28.8pp |
| Annual return | 14.51% | 27.20%-12.7pp | 53.37%-38.9pp | 160.62%-146.1pp |
| Employer contribution / active EE | $8,797 | $4,615+90.6% | $6,785+29.7% | $2,670+229.5% |
| Participant deferral / active EE | $6,776 | $6,837-0.9% | $10,408-34.9% | $4,125+64.3% |
| Admin fee / account holder | $12,895 | $8,173+57.8% | $12,815+0.6% | $5,651+128.2% |