Filed April 29, 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 | $50,539 | $84,233-40.0% | $170,442-70.3% | $70,131-27.9% |
| Participation rate | 96.7% | 70.8%+25.8pp | 83.6%+13.1pp | 69.5%+27.1pp |
| Annual return | 17.98% | 23.06%-5.1pp | 205.93%-187.9pp | 73.14%-55.2pp |
| Employer contribution / active EE | $2,594 | $3,387-23.4% | $5,433-52.2% | $2,342+10.8% |
| Participant deferral / active EE | $4,628 | $3,086+50.0% | $4,939-6.3% | $3,332+38.9% |
| Admin fee / account holder | $564 | $5,698-90.1% | $13,880-95.9% | $4,645-87.9% |