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 | $53,021 | $102,317-48.2% | $146,958-63.9% | $80,856-34.4% |
| Participation rate | 90.0% | 75.8%+14.2pp | 82.2%+7.8pp | 67.6%+22.4pp |
| Annual return | 14.97% | 134.76%-119.8pp | 418.34%-403.4pp | 35.59%-20.6pp |
| Employer contribution / active EE | $4,294 | $3,713+15.7% | $4,933-12.9% | $2,755+55.9% |
| Participant deferral / active EE | $5,683 | $6,644-14.5% | $8,070-29.6% | $4,296+32.3% |
| Admin fee / account holder | $5,525 | $7,941-30.4% | $12,998-57.5% | $6,918-20.1% |