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 | $199,954 | $81,208+146.2% | $98,907+102.2% | $79,858+150.4% |
| Participation rate | 100.0% | 72.5%+27.5pp | 76.0%+24.0pp | 69.6%+30.4pp |
| Annual return | 16.62% | 60.99%-44.4pp | 196.43%-179.8pp | 31.71%-15.1pp |
| Employer contribution / active EE | $5,205 | $1,960+165.6% | $2,689+93.6% | $2,471+110.7% |
| Participant deferral / active EE | $5,725 | $3,265+75.4% | $4,244+34.9% | $3,740+53.1% |
| Admin fee / account holder | $3,846 | $6,013-36.0% | $6,642-42.1% | $5,306-27.5% |