Filed February 2, 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 7-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 | $107,469 | $98,750+8.8% | $149,696-28.2% | $79,858+34.6% |
| Participation rate | 92.0% | 75.8%+16.2pp | 82.5%+9.5pp | 69.6%+22.4pp |
| Annual return | 18.75% | 27.43%-8.7pp | 276.60%-257.9pp | 31.71%-13.0pp |
| Employer contribution / active EE | $2,682 | $3,216-16.6% | $4,644-42.2% | $2,471+8.6% |
| Participant deferral / active EE | $6,632 | $5,680+16.8% | $6,842-3.1% | $3,740+77.3% |
| Admin fee / account holder | $1,955 | $6,053-67.7% | $9,309-79.0% | $5,306-63.2% |