Filed January 2, 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 7-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 | $109,961 | $127,386-13.7% | $115,037-4.4% | $125,391-12.3% |
| Participation rate | 100.0% | 84.2%+15.8pp | 81.4%+18.6pp | 83.2%+16.8pp |
| Annual return | -0.70% | 31.28%-32.0pp | 26.14%-26.8pp | 282.22%-282.9pp |
| Employer contribution / active EE | $4,842 | $5,166-6.3% | $4,608+5.1% | $4,866-0.5% |
| Participant deferral / active EE | $10,517 | $6,423+63.7% | $6,026+74.5% | $5,352+96.5% |
| Admin fee / account holder | $7,563 | $9,516-20.5% | $8,175-7.5% | $9,540-20.7% |