Filed May 14, 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 | $61,337 | $72,277-15.1% | $101,248-39.4% | $79,858-23.2% |
| Participation rate | 87.4% | 68.5%+18.9pp | 75.8%+11.6pp | 69.6%+17.7pp |
| Annual return | 23.13% | 22.30%+0.8pp | 46.47%-23.3pp | 31.71%-8.6pp |
| Employer contribution / active EE | $5,546 | $2,692+106.1% | $3,660+51.6% | $2,471+124.5% |
| Participant deferral / active EE | $4,600 | $3,282+40.2% | $4,370+5.3% | $3,740+23.0% |
| Admin fee / account holder | $2,912 | $4,400-33.8% | $5,945-51.0% | $5,306-45.1% |