Filed January 3, 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 | $99,486 | $52,519+89.4% | $155,790-36.1% | $59,632+66.8% |
| Participation rate | 76.2% | 61.7%+14.5pp | 76.1%+0.1pp | 68.7%+7.5pp |
| Annual return | -1.94% | 53.51%-55.4pp | 71.54%-73.5pp | 2041.28%-2043.2pp |
| Employer contribution / active EE | $3,704 | $1,589+133.1% | $3,836-3.4% | $2,203+68.2% |
| Participant deferral / active EE | $5,411 | $3,084+75.4% | $4,797+12.8% | $3,192+69.5% |
| Admin fee / account holder | $5,339 | $3,540+50.8% | $7,478-28.6% | $4,297+24.2% |