Filed December 28, 2023
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 | $75,012 | $209,336-64.2% | $197,124-61.9% | $137,256-45.3% |
| Participation rate | 100.0% | 87.3%+12.7pp | 86.7%+13.3pp | 80.0%+20.0pp |
| Annual return | 14.31% | 48.09%-33.8pp | 44.34%-30.0pp | 220.34%-206.0pp |
| Employer contribution / active EE | $2,885 | $6,591-56.2% | $6,227-53.7% | $4,156-30.6% |
| Participant deferral / active EE | $5,437 | $9,614-43.4% | $9,135-40.5% | $6,407-15.1% |
| Admin fee / account holder | $7,560 | $17,308-56.3% | $16,298-53.6% | $12,270-38.4% |