Filed January 23, 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 | $83,714 | $63,346+32.2% | $92,233-9.2% | $70,131+19.4% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 19.39% | 530.12%-510.7pp | 176.28%-156.9pp | 73.14%-53.7pp |
| Employer contribution / active EE | $1,639 | $2,471-33.7% | $3,679-55.5% | $2,342-30.0% |
| Participant deferral / active EE | $4,018 | $2,854+40.8% | $3,897+3.1% | $3,332+20.6% |
| Admin fee / account holder | $1,666 | $3,840-56.6% | $5,194-67.9% | $4,645-64.1% |