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 | $96,749 | $109,817-11.9% | $98,442-1.7% | $167,490-42.2% |
| Participation rate | 100.0% | 75.8%+24.2pp | 73.3%+26.7pp | 82.1%+17.9pp |
| Annual return | 10.82% | 1956.69%-1945.9pp | 1492.73%-1481.9pp | 478.56%-467.7pp |
| Employer contribution / active EE | $7,514 | $3,224+133.1% | $2,960+153.9% | $4,837+55.3% |
| Participant deferral / active EE | $14,556 | $4,673+211.5% | $4,276+240.4% | $6,341+129.5% |
| Admin fee / account holder | $1,677 | $6,753-75.2% | $5,949-71.8% | $12,309-86.4% |