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 | $170,932 | $73,004+134.1% | $90,749+88.4% | $68,494+149.6% |
| Participation rate | 98.9% | 70.8%+28.1pp | 75.7%+23.2pp | 67.9%+31.0pp |
| Annual return | -17.74% | -13.81%-3.9pp | -12.16%-5.6pp | -7.84%-9.9pp |
| Employer contribution / active EE | $4,970 | $2,193+126.6% | $2,921+70.1% | $2,596+91.4% |
| Participant deferral / active EE | $5,446 | $3,627+50.2% | $4,564+19.3% | $4,027+35.2% |
| Admin fee / account holder | $11,329 | $5,896+92.2% | $8,445+34.2% | $5,403+109.7% |