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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $284,355 | $159,901+77.8% | $146,958+93.5% | $145,922+94.9% |
| Participation rate | 95.0% | 84.0%+11.0pp | 82.2%+12.8pp | 80.3%+14.7pp |
| Annual return | 19.22% | 98.13%-78.9pp | 418.34%-399.1pp | 561.29%-542.1pp |
| Employer contribution / active EE | $8,218 | $5,286+55.5% | $4,933+66.6% | $4,660+76.4% |
| Participant deferral / active EE | $9,266 | $8,428+9.9% | $8,070+14.8% | $6,688+38.5% |
| Admin fee / account holder | $26,010 | $15,044+72.9% | $12,998+100.1% | $13,397+94.2% |