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 | $177,309 | $94,625+87.4% | $116,228+52.6% | $84,808+109.1% |
| Participation rate | 98.9% | 70.4%+28.5pp | 74.6%+24.3pp | 68.3%+30.6pp |
| Annual return | 15.22% | 20.40%-5.2pp | 90.06%-74.8pp | 40.90%-25.7pp |
| Employer contribution / active EE | $6,253 | $2,347+166.5% | $2,994+108.8% | $2,631+137.7% |
| Participant deferral / active EE | $6,970 | $3,972+75.5% | $4,953+40.7% | $4,212+65.5% |
| Admin fee / account holder | $14,174 | $10,091+40.5% | $11,989+18.2% | $7,344+93.0% |