Filed December 28, 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 | $86,334 | $52,884+63.3% | $84,750+1.9% | $55,167+56.5% |
| Participation rate | 100.0% | 67.5%+32.5pp | 76.6%+23.4pp | 69.0%+31.0pp |
| Annual return | 14.66% | 18.03%-3.4pp | 22.78%-8.1pp | 169.23%-154.6pp |
| Employer contribution / active EE | $3,382 | $2,233+51.4% | $3,574-5.4% | $1,963+72.3% |
| Participant deferral / active EE | $7,824 | $2,644+195.9% | $3,712+110.8% | $3,054+156.2% |
| Admin fee / account holder | $1,477 | $581+154.4% | $5,332-72.3% | $504+193.1% |