Filed April 12, 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 | $232,846 | $76,407+204.7% | $150,298+54.9% | $82,448+182.4% |
| Participation rate | 100.0% | 66.4%+33.6pp | 77.8%+22.2pp | 68.1%+31.9pp |
| Annual return | 16.38% | 39.99%-23.6pp | 62.79%-46.4pp | 41.64%-25.3pp |
| Employer contribution / active EE | $9,775 | $2,614+273.9% | $4,154+135.3% | $2,551+283.2% |
| Participant deferral / active EE | $8,398 | $3,214+161.3% | $5,453+54.0% | $4,139+102.9% |
| Admin fee / account holder | $4,987 | $6,352-21.5% | $14,116-64.7% | $7,234-31.1% |