Filed December 8, 2023
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 | $93,794 | $98,750-5.0% | $149,696-37.3% | $79,858+17.5% |
| Participation rate | 96.9% | 75.8%+21.1pp | 82.5%+14.4pp | 69.6%+27.2pp |
| Annual return | 13.31% | 27.43%-14.1pp | 276.60%-263.3pp | 31.71%-18.4pp |
| Employer contribution / active EE | $6,879 | $3,216+113.9% | $4,644+48.1% | $2,471+178.4% |
| Participant deferral / active EE | $5,330 | $5,680-6.2% | $6,842-22.1% | $3,740+42.5% |
| Admin fee / account holder | $6,438 | $6,053+6.4% | $9,309-30.8% | $5,306+21.3% |