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 | $116,322 | $96,635+20.4% | $86,612+34.3% | $139,434-16.6% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 17.16% | 106.41%-89.3pp | 591.07%-573.9pp | 372.94%-355.8pp |
| Employer contribution / active EE | $7,306 | $3,263+123.9% | $3,022+141.7% | $4,751+53.8% |
| Participant deferral / active EE | $20,975 | $4,836+333.7% | $4,438+372.7% | $6,710+212.6% |
| Admin fee / account holder | $5,293 | $6,408-17.4% | $5,614-5.7% | $11,403-53.6% |