Filed January 22, 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 | $225,271 | $175,202+28.6% | $149,673+50.5% | $139,434+61.6% |
| Participation rate | 95.0% | 83.4%+11.6pp | 78.8%+16.2pp | 80.3%+14.7pp |
| Annual return | 15.42% | 166.71%-151.3pp | 134.42%-119.0pp | 372.94%-357.5pp |
| Employer contribution / active EE | $3,797 | $5,474-30.6% | $4,818-21.2% | $4,751-20.1% |
| Participant deferral / active EE | $10,149 | $6,519+55.7% | $5,680+78.7% | $6,710+51.3% |
| Admin fee / account holder | $3,997 | $16,150-75.3% | $13,210-69.7% | $11,403-64.9% |