Filed February 11, 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 | $115,540 | $60,124+92.2% | $90,404+27.8% | $79,858+44.7% |
| Participation rate | 87.1% | 65.0%+22.1pp | 72.7%+14.4pp | 69.6%+17.5pp |
| Annual return | 11.08% | 71.94%-60.9pp | 1293.02%-1281.9pp | 31.71%-20.6pp |
| Employer contribution / active EE | $3,258 | $2,068+57.5% | $3,262-0.1% | $2,471+31.8% |
| Participant deferral / active EE | $7,662 | $2,938+160.8% | $3,963+93.3% | $3,740+104.9% |
| Admin fee / account holder | $18,857 | $3,976+374.2% | $5,611+236.1% | $5,306+255.4% |