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 | $248,291 | $176,056+41.0% | $159,436+55.7% | $167,490+48.2% |
| Participation rate | 90.9% | 84.9%+6.0pp | 82.8%+8.1pp | 82.1%+8.8pp |
| Annual return | 16.32% | 331.75%-315.4pp | 263.57%-247.3pp | 478.56%-462.2pp |
| Employer contribution / active EE | $5,376 | $5,297+1.5% | $4,829+11.3% | $4,837+11.1% |
| Participant deferral / active EE | $7,948 | $7,750+2.6% | $7,352+8.1% | $6,341+25.3% |
| Admin fee / account holder | $20,496 | $12,554+63.3% | $10,799+89.8% | $12,309+66.5% |