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 | $91,501 | $92,703-1.3% | $82,719+10.6% | $134,475-32.0% |
| Participation rate | 90.0% | 75.2%+14.8pp | 72.6%+17.4pp | 81.2%+8.8pp |
| Annual return | -17.28% | 944.92%-962.2pp | 701.18%-718.5pp | 417.96%-435.2pp |
| Employer contribution / active EE | $6,511 | $3,274+98.9% | $3,009+116.4% | $4,740+37.4% |
| Participant deferral / active EE | $19,496 | $4,802+306.0% | $4,395+343.6% | $6,400+204.6% |
| Admin fee / account holder | $10,546 | $5,983+76.3% | $5,329+97.9% | $11,426-7.7% |