Filed March 14, 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 9-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 | $54,544 | $105,181-48.1% | $159,436-65.8% | $85,850-36.5% |
| Participation rate | 97.9% | 75.8%+22.1pp | 82.8%+15.0pp | 69.3%+28.6pp |
| Annual return | 15.37% | 45.07%-29.7pp | 263.57%-248.2pp | 318.53%-303.2pp |
| Employer contribution / active EE | $2,083 | $3,318-37.2% | $4,829-56.9% | $2,565-18.8% |
| Participant deferral / active EE | $8,334 | $5,945+40.2% | $7,352+13.4% | $3,952+110.9% |
| Admin fee / account holder | $1,433 | $6,933-79.3% | $10,799-86.7% | $6,260-77.1% |