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 | $94,564 | $50,898+85.8% | $171,082-44.7% | $55,167+71.4% |
| Participation rate | 73.6% | 63.3%+10.4pp | 76.7%-3.1pp | 69.0%+4.6pp |
| Annual return | 10.42% | 15.34%-4.9pp | 32.56%-22.1pp | 169.23%-158.8pp |
| Employer contribution / active EE | $3,904 | $1,433+172.4% | $4,002-2.4% | $1,963+98.9% |
| Participant deferral / active EE | $5,629 | $2,994+88.0% | $4,797+17.3% | $3,054+84.3% |
| Admin fee / account holder | $4,750 | $500+850.8% | $8,520-44.3% | $504+842.6% |