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 | $90,989 | $107,334-15.2% | $92,893-2.1% | $152,861-40.5% |
| Participation rate | 100.0% | 79.8%+20.2pp | 76.0%+24.0pp | 82.4%+17.6pp |
| Annual return | 15.00% | 145.58%-130.6pp | 109.41%-94.4pp | 345.32%-330.3pp |
| Employer contribution / active EE | $9,005 | $4,221+113.3% | $3,653+146.5% | $4,762+89.1% |
| Participant deferral / active EE | $7,652 | $4,845+57.9% | $4,236+80.6% | $5,850+30.8% |
| Admin fee / account holder | $12,698 | $7,079+79.4% | $5,794+119.2% | $11,596+9.5% |