Filed February 20, 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 | $131,689 | $100,041+31.6% | $149,718-12.0% | $70,131+87.8% |
| Participation rate | 92.6% | 83.6%+9.0pp | 87.1%+5.5pp | 69.5%+23.1pp |
| Annual return | 15.21% | 27.43%-12.2pp | 1501.63%-1486.4pp | 73.14%-57.9pp |
| Employer contribution / active EE | $7,710 | $3,662+110.6% | $5,445+41.6% | $2,342+229.1% |
| Participant deferral / active EE | $4,061 | $4,983-18.5% | $6,569-38.2% | $3,332+21.9% |
| Admin fee / account holder | $8,654 | $8,286+4.4% | $11,283-23.3% | $4,645+86.3% |