Filed January 8, 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 | $51,981 | $85,766-39.4% | $136,294-61.9% | $70,131-25.9% |
| Participation rate | 78.6% | 74.2%+4.4pp | 81.9%-3.3pp | 69.5%+9.0pp |
| Annual return | 17.96% | 31.45%-13.5pp | 5155.94%-5138.0pp | 73.14%-55.2pp |
| Employer contribution / active EE | $1,422 | $2,966-52.1% | $4,695-69.7% | $2,342-39.3% |
| Participant deferral / active EE | $4,354 | $5,051-13.8% | $6,247-30.3% | $3,332+30.7% |
| Admin fee / account holder | $700 | $5,420-87.1% | $9,243-92.4% | $4,645-84.9% |