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 | $185,142 | $91,552+102.2% | $133,956+38.2% | $79,858+131.8% |
| Participation rate | 92.0% | 73.3%+18.7pp | 79.8%+12.2pp | 69.6%+22.4pp |
| Annual return | 15.75% | 61.85%-46.1pp | 45.09%-29.3pp | 31.71%-16.0pp |
| Employer contribution / active EE | $16,166 | $2,384+578.2% | $3,919+312.6% | $2,471+554.3% |
| Participant deferral / active EE | $8,388 | $3,733+124.7% | $5,048+66.2% | $3,740+124.3% |
| Admin fee / account holder | $9,798 | $6,321+55.0% | $8,927+9.8% | $5,306+84.6% |