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 | $177,728 | $83,477+112.9% | $125,175+42.0% | $72,985+143.5% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.5%+30.5pp |
| Annual return | 17.78% | 25.78%-8.0pp | 43.79%-26.0pp | 81.00%-63.2pp |
| Employer contribution / active EE | $14,630 | $2,345+523.8% | $3,865+278.5% | $2,440+499.6% |
| Participant deferral / active EE | $6,517 | $3,585+81.8% | $4,937+32.0% | $3,607+80.7% |
| Admin fee / account holder | $2,049 | $5,517-62.9% | $9,702-78.9% | $5,124-60.0% |