Filed May 14, 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 | $146,526 | $72,404+102.4% | $110,238+32.9% | $64,186+128.3% |
| Participation rate | 96.2% | 73.3%+22.8pp | 79.8%+16.3pp | 69.6%+26.6pp |
| Annual return | -7.56% | -6.29%-1.3pp | 314.74%-322.3pp | 7.63%-15.2pp |
| Employer contribution / active EE | $12,067 | $2,282+428.9% | $3,826+215.4% | $2,381+406.8% |
| Participant deferral / active EE | $5,263 | $3,469+51.7% | $4,672+12.7% | $3,470+51.7% |
| Admin fee / account holder | $1,292 | $5,664-77.2% | $8,547-84.9% | $4,888-73.6% |