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 | $97,114 | $82,664+17.5% | $125,339-22.5% | $68,494+41.8% |
| Participation rate | 77.6% | 75.0%+2.5pp | 82.4%-4.8pp | 67.9%+9.7pp |
| Annual return | -17.38% | -5.97%-11.4pp | 572.05%-589.4pp | -7.84%-9.5pp |
| Employer contribution / active EE | $8,718 | $3,381+157.8% | $4,814+81.1% | $2,596+235.8% |
| Participant deferral / active EE | $7,301 | $6,110+19.5% | $7,446-1.9% | $4,027+81.3% |
| Admin fee / account holder | $1,185 | $6,275-81.1% | $10,010-88.2% | $5,403-78.1% |