Filed December 29, 2023
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 | $132,179 | $167,484-21.1% | $151,611-12.8% | $134,475-1.7% |
| Participation rate | 76.9% | 88.4%-11.5pp | 87.5%-10.6pp | 81.2%-4.3pp |
| Annual return | -13.36% | 7.80%-21.2pp | 3.33%-16.7pp | 417.96%-431.3pp |
| Employer contribution / active EE | $4,188 | $6,829-38.7% | $6,166-32.1% | $4,740-11.6% |
| Participant deferral / active EE | $10,882 | $8,986+21.1% | $8,363+30.1% | $6,400+70.0% |
| Admin fee / account holder | $351 | $13,783-97.5% | $11,616-97.0% | $11,426-96.9% |