Filed April 10, 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 | $163,315 | $101,317+61.2% | $146,958+11.1% | $74,495+119.2% |
| Participation rate | 97.5% | 75.5%+21.9pp | 82.2%+15.3pp | 67.2%+30.3pp |
| Annual return | 15.08% | 8730.91%-8715.8pp | 418.34%-403.3pp | 1364.94%-1349.9pp |
| Employer contribution / active EE | $7,455 | $3,810+95.7% | $4,933+51.1% | $2,623+184.2% |
| Participant deferral / active EE | $9,841 | $7,303+34.7% | $8,070+21.9% | $4,346+126.4% |
| Admin fee / account holder | $3,432 | $1,739+97.4% | $12,998-73.6% | $1,942+76.8% |