Filed December 20, 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 | $41,828 | $138,044-69.7% | $125,339-66.6% | $134,475-68.9% |
| Participation rate | 95.5% | 84.5%+11.0pp | 82.4%+13.1pp | 81.2%+14.2pp |
| Annual return | -17.52% | 750.33%-767.8pp | 572.05%-589.6pp | 417.96%-435.5pp |
| Employer contribution / active EE | $3,665 | $5,243-30.1% | $4,814-23.9% | $4,740-22.7% |
| Participant deferral / active EE | $4,894 | $7,799-37.2% | $7,446-34.3% | $6,400-23.5% |
| Admin fee / account holder | $3,015 | $11,571-73.9% | $10,010-69.9% | $11,426-73.6% |