Filed April 11, 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 | $160,587 | $61,660+160.4% | $80,019+100.7% | $64,186+150.2% |
| Participation rate | 98.7% | 71.7%+27.0pp | 75.8%+22.9pp | 69.6%+29.2pp |
| Annual return | -3.49% | -0.33%-3.2pp | 11.22%-14.7pp | 7.63%-11.1pp |
| Employer contribution / active EE | $4,192 | $1,810+131.6% | $2,468+69.9% | $2,381+76.1% |
| Participant deferral / active EE | $5,847 | $2,968+97.0% | $3,686+58.6% | $3,470+68.5% |
| Admin fee / account holder | $5,361 | $5,417-1.0% | $6,521-17.8% | $4,888+9.7% |