Filed May 22, 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 | $82,450 | $105,998-22.2% | $92,233-10.6% | $147,584-44.1% |
| Participation rate | 100.0% | 80.4%+19.6pp | 76.5%+23.5pp | 82.8%+17.2pp |
| Annual return | 23.67% | 50.05%-26.4pp | 176.28%-152.6pp | 578.55%-554.9pp |
| Employer contribution / active EE | $7,450 | $4,333+71.9% | $3,679+102.5% | $4,876+52.8% |
| Participant deferral / active EE | $5,838 | $4,478+30.4% | $3,897+49.8% | $5,439+7.3% |
| Admin fee / account holder | $20,274 | $6,332+220.2% | $5,194+290.4% | $10,885+86.3% |