Filed December 6, 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 9-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 | $95,273 | $150,440-36.7% | $136,294-30.1% | $147,584-35.4% |
| Participation rate | 71.4% | 84.4%-13.0pp | 81.9%-10.5pp | 82.8%-11.4pp |
| Annual return | 24.10% | 1049.08%-1025.0pp | 5155.94%-5131.8pp | 578.55%-554.4pp |
| Employer contribution / active EE | $5,200 | $5,256-1.1% | $4,695+10.8% | $4,876+6.6% |
| Participant deferral / active EE | $10,695 | $6,630+61.3% | $6,247+71.2% | $5,439+96.7% |
| Admin fee / account holder | $1,088 | $10,905-90.0% | $9,243-88.2% | $10,885-90.0% |