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 | $48,960 | $93,571-47.7% | $135,903-64.0% | $75,163-34.9% |
| Participation rate | 93.5% | 75.2%+18.4pp | 81.9%+11.6pp | 67.2%+26.4pp |
| Annual return | 19.62% | 30.90%-11.3pp | 68.23%-48.6pp | 160.62%-141.0pp |
| Employer contribution / active EE | $3,661 | $3,537+3.5% | $4,856-24.6% | $2,670+37.1% |
| Participant deferral / active EE | $5,094 | $6,404-20.5% | $7,758-34.3% | $4,125+23.5% |
| Admin fee / account holder | $503 | $6,975-92.8% | $10,762-95.3% | $5,651-91.1% |