Filed May 8, 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 | $117,168 | $100,041+17.1% | $149,718-21.7% | $70,131+67.1% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.1%+12.9pp | 69.5%+30.5pp |
| Annual return | 24.10% | 27.43%-3.3pp | 1501.63%-1477.5pp | 73.14%-49.0pp |
| Employer contribution / active EE | $5,246 | $3,662+43.3% | $5,445-3.6% | $2,342+124.0% |
| Participant deferral / active EE | $6,753 | $4,983+35.5% | $6,569+2.8% | $3,332+102.7% |
| Admin fee / account holder | $14,862 | $8,286+79.4% | $11,283+31.7% | $4,645+219.9% |