Filed January 10, 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 | $48,667 | $201,272-75.8% | $184,203-73.6% | $145,922-66.6% |
| Participation rate | 100.0% | 87.5%+12.5pp | 86.8%+13.2pp | 80.3%+19.7pp |
| Annual return | 10.68% | 29.00%-18.3pp | 28.81%-18.1pp | 561.29%-550.6pp |
| Employer contribution / active EE | $2,297 | $7,022-67.3% | $6,427-64.3% | $4,660-50.7% |
| Participant deferral / active EE | $3,855 | $9,806-60.7% | $9,131-57.8% | $6,688-42.4% |
| Admin fee / account holder | $4,979 | $16,364-69.6% | $13,901-64.2% | $13,397-62.8% |