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 | $147,373 | $109,359+34.8% | $162,163-9.1% | $72,985+101.9% |
| Participation rate | 100.0% | 84.3%+15.7pp | 87.6%+12.4pp | 69.5%+30.5pp |
| Annual return | 25.69% | 25.46%+0.2pp | 115.59%-89.9pp | 81.00%-55.3pp |
| Employer contribution / active EE | $6,492 | $3,907+66.1% | $5,614+15.6% | $2,440+166.1% |
| Participant deferral / active EE | $10,068 | $5,481+83.7% | $7,298+38.0% | $3,607+179.1% |
| Admin fee / account holder | $37,303 | $7,972+367.9% | $10,843+244.0% | $5,124+627.9% |