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 | $243,083 | $125,758+93.3% | $169,993+43.0% | $75,163+223.4% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.0%+13.0pp | 67.2%+32.8pp |
| Annual return | 22.96% | 27.20%-4.2pp | 53.37%-30.4pp | 160.62%-137.7pp |
| Employer contribution / active EE | $9,919 | $4,615+114.9% | $6,785+46.2% | $2,670+271.5% |
| Participant deferral / active EE | $14,014 | $6,837+105.0% | $10,408+34.7% | $4,125+239.7% |
| Admin fee / account holder | $2,481 | $8,173-69.6% | $12,815-80.6% | $5,651-56.1% |