Filed February 27, 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 | $60,075 | $102,966-41.7% | $90,281-33.5% | $152,861-60.7% |
| Participation rate | 88.9% | 75.9%+13.0pp | 73.3%+15.6pp | 82.4%+6.4pp |
| Annual return | 19.98% | 95.16%-75.2pp | 78.10%-58.1pp | 345.32%-325.3pp |
| Employer contribution / active EE | $7,951 | $3,139+153.3% | $2,854+178.6% | $4,762+67.0% |
| Participant deferral / active EE | $16,129 | $4,281+276.7% | $3,885+315.1% | $5,850+175.7% |
| Admin fee / account holder | $7,581 | $6,171+22.8% | $5,351+41.7% | $11,596-34.6% |