Filed January 18, 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 | $145,306 | $80,717+80.0% | $154,803-6.1% | $84,808+71.3% |
| Participation rate | 98.1% | 66.8%+31.3pp | 78.1%+20.0pp | 68.3%+29.8pp |
| Annual return | 28.32% | 37.96%-9.6pp | 58.88%-30.6pp | 40.90%-12.6pp |
| Employer contribution / active EE | $5,458 | $2,761+97.7% | $4,305+26.8% | $2,631+107.4% |
| Participant deferral / active EE | $6,364 | $3,303+92.7% | $5,540+14.9% | $4,212+51.1% |
| Admin fee / account holder | $885 | $6,746-86.9% | $14,329-93.8% | $7,344-87.9% |