Filed February 27, 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 | $74,239 | $85,766-13.4% | $136,294-45.5% | $70,131+5.9% |
| Participation rate | 96.4% | 74.2%+22.3pp | 81.9%+14.5pp | 69.5%+26.9pp |
| Annual return | 16.15% | 31.45%-15.3pp | 5155.94%-5139.8pp | 73.14%-57.0pp |
| Employer contribution / active EE | $1,545 | $2,966-47.9% | $4,695-67.1% | $2,342-34.0% |
| Participant deferral / active EE | $3,474 | $5,051-31.2% | $6,247-44.4% | $3,332+4.3% |
| Admin fee / account holder | $1,612 | $5,420-70.3% | $9,243-82.6% | $4,645-65.3% |