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 | $219,210 | $73,981+196.3% | $105,722+107.3% | $62,891+248.6% |
| Participation rate | 100.0% | 71.7%+28.3pp | 78.9%+21.1pp | 69.3%+30.7pp |
| Annual return | 11.35% | 17.60%-6.3pp | 12.25%-0.9pp | 20.14%-8.8pp |
| Employer contribution / active EE | $12,349 | $2,856+332.4% | $4,079+202.8% | $2,281+441.4% |
| Participant deferral / active EE | $5,364 | $4,038+32.8% | $5,326+0.7% | $3,203+67.5% |
| Admin fee / account holder | $1,567 | $5,976-73.8% | $8,308-81.1% | $4,296-63.5% |