Filed March 6, 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 | $18,567 | $81,248-77.1% | $155,509-88.1% | $80,856-77.0% |
| Participation rate | 91.1% | 66.2%+24.9pp | 78.2%+12.9pp | 67.6%+23.5pp |
| Annual return | 10.83% | 33.31%-22.5pp | 64.67%-53.8pp | 35.59%-24.8pp |
| Employer contribution / active EE | $883 | $3,100-71.5% | $4,672-81.1% | $2,755-67.9% |
| Participant deferral / active EE | $1,739 | $3,452-49.6% | $5,626-69.1% | $4,296-59.5% |
| Admin fee / account holder | $406 | $7,997-94.9% | $15,912-97.4% | $6,918-94.1% |