Filed November 10, 2023
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $95,073 | $178,174-46.6% | $156,181-39.1% | $137,256-30.7% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.8%+21.2pp | 80.0%+20.0pp |
| Annual return | 12.72% | 84.19%-71.5pp | 64.87%-52.1pp | 220.34%-207.6pp |
| Employer contribution / active EE | $3,836 | $4,972-22.8% | $4,294-10.7% | $4,156-7.7% |
| Participant deferral / active EE | $7,066 | $6,888+2.6% | $6,132+15.2% | $6,407+10.3% |
| Admin fee / account holder | $33,125 | $17,404+90.3% | $14,586+127.1% | $12,270+170.0% |