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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $255,587 | $183,519+39.3% | $155,509+64.4% | $145,922+75.2% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 9.64% | 61.17%-51.5pp | 64.67%-55.0pp | 561.29%-551.7pp |
| Employer contribution / active EE | $4,121 | $5,313-22.4% | $4,672-11.8% | $4,660-11.5% |
| Participant deferral / active EE | $10,316 | $6,462+59.6% | $5,626+83.4% | $6,688+54.3% |
| Admin fee / account holder | $2,123 | $19,313-89.0% | $15,912-86.7% | $13,397-84.2% |