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 | $127,539 | $109,881+16.1% | $150,045-15.0% | $84,808+50.4% |
| Participation rate | 94.3% | 76.1%+18.2pp | 82.3%+12.0pp | 68.3%+26.0pp |
| Annual return | 24.60% | 28.25%-3.6pp | 62.55%-37.9pp | 40.90%-16.3pp |
| Employer contribution / active EE | $3,927 | $3,561+10.3% | $4,693-16.3% | $2,631+49.3% |
| Participant deferral / active EE | $9,975 | $6,636+50.3% | $7,997+24.7% | $4,212+136.9% |
| Admin fee / account holder | $9,730 | $8,568+13.6% | $13,435-27.6% | $7,344+32.5% |