Filed May 30, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,294 | $84,233-64.0% | $170,442-82.2% | $70,131-56.8% |
| Participation rate | 74.1% | 70.8%+3.2pp | 83.6%-9.5pp | 69.5%+4.5pp |
| Annual return | 17.71% | 23.06%-5.3pp | 205.93%-188.2pp | 73.14%-55.4pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,433-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $2,375 | $3,086-23.0% | $4,939-51.9% | $3,332-28.7% |
| Admin fee / account holder | $437 | $5,698-92.3% | $13,880-96.9% | $4,645-90.6% |