Filed January 30, 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 | $123,033 | $73,933+66.4% | $96,683+27.3% | $75,163+63.7% |
| Participation rate | 83.5% | 66.4%+17.1pp | 74.3%+9.2pp | 67.2%+16.4pp |
| Annual return | 14.37% | 26.70%-12.3pp | 35.69%-21.3pp | 160.62%-146.2pp |
| Employer contribution / active EE | $4,581 | $2,928+56.5% | $3,737+22.6% | $2,670+71.6% |
| Participant deferral / active EE | $6,217 | $3,659+69.9% | $4,878+27.4% | $4,125+50.7% |
| Admin fee / account holder | $18,491 | $5,216+254.5% | $6,730+174.8% | $5,651+227.2% |