Filed April 30, 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 | $251,090 | $148,978+68.5% | $200,582+25.2% | $84,808+196.1% |
| Participation rate | 74.1% | 84.2%-10.2pp | 86.9%-12.8pp | 68.3%+5.8pp |
| Annual return | 20.87% | 28.16%-7.3pp | 42.33%-21.5pp | 40.90%-20.0pp |
| Employer contribution / active EE | $4,616 | $4,815-4.1% | $6,419-28.1% | $2,631+75.4% |
| Participant deferral / active EE | $4,497 | $7,142-37.0% | $9,331-51.8% | $4,212+6.8% |
| Admin fee / account holder | $11,142 | $13,977-20.3% | $16,305-31.7% | $7,344+51.7% |