Filed May 28, 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 | $185,136 | $157,256+17.7% | $141,162+31.2% | $152,861+21.1% |
| Participation rate | 95.5% | 84.8%+10.6pp | 82.5%+13.0pp | 82.4%+13.0pp |
| Annual return | 23.81% | 64.32%-40.5pp | 71.39%-47.6pp | 345.32%-321.5pp |
| Employer contribution / active EE | $5,713 | $5,261+8.6% | $4,735+20.7% | $4,762+20.0% |
| Participant deferral / active EE | $8,519 | $7,109+19.8% | $6,709+27.0% | $5,850+45.6% |
| Admin fee / account holder | $13,098 | $12,120+8.1% | $10,261+27.6% | $11,596+12.9% |