Filed February 12, 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 | $99,703 | $46,674+113.6% | $117,472-15.1% | $68,494+45.6% |
| Participation rate | 72.4% | 56.8%+15.6pp | 70.6%+1.8pp | 67.9%+4.5pp |
| Annual return | -13.70% | -14.52%+0.8pp | 29.74%-43.4pp | -7.84%-5.9pp |
| Employer contribution / active EE | $2,146 | $1,505+42.6% | $4,176-48.6% | $2,596-17.4% |
| Participant deferral / active EE | $4,277 | $2,636+62.2% | $4,070+5.1% | $4,027+6.2% |
| Admin fee / account holder | $1,777 | $4,020-55.8% | $5,645-68.5% | $5,403-67.1% |