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 | $99,757 | $133,958-25.5% | $112,228-11.1% | $134,475-25.8% |
| Participation rate | 95.8% | 78.6%+17.3pp | 75.1%+20.8pp | 81.2%+14.6pp |
| Annual return | -11.99% | 47.11%-59.1pp | 27.45%-39.4pp | 417.96%-430.0pp |
| Employer contribution / active EE | $8,522 | $4,038+111.0% | $3,635+134.5% | $4,740+79.8% |
| Participant deferral / active EE | $9,377 | $5,291+77.2% | $4,728+98.3% | $6,400+46.5% |
| Admin fee / account holder | $12,527 | $7,489+67.3% | $6,410+95.4% | $11,426+9.6% |