Filed March 29, 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 | $183,913 | $59,332+210.0% | $90,223+103.8% | $59,632+208.4% |
| Participation rate | 100.0% | 71.9%+28.1pp | 79.0%+21.0pp | 68.7%+31.3pp |
| Annual return | -2.36% | 3.25%-5.6pp | 1.31%-3.7pp | 2041.28%-2043.6pp |
| Employer contribution / active EE | $10,138 | $3,031+234.5% | $4,378+131.6% | $2,203+360.3% |
| Participant deferral / active EE | $4,833 | $4,369+10.6% | $5,792-16.6% | $3,192+51.4% |
| Admin fee / account holder | $22,201 | $5,032+341.2% | $7,406+199.8% | $4,297+416.7% |