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 | $150,601 | $79,944+88.4% | $98,439+53.0% | $75,163+100.4% |
| Participation rate | 100.0% | 70.4%+29.6pp | 75.2%+24.8pp | 67.2%+32.8pp |
| Annual return | 13.95% | 19.75%-5.8pp | 21.16%-7.2pp | 160.62%-146.7pp |
| Employer contribution / active EE | $4,537 | $2,264+100.4% | $3,048+48.9% | $2,670+69.9% |
| Participant deferral / active EE | $5,834 | $3,752+55.5% | $4,738+23.1% | $4,125+41.4% |
| Admin fee / account holder | $36,742 | $6,840+437.2% | $8,948+310.6% | $5,651+550.2% |