Filed December 18, 2023
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 | $172,098 | $81,460+111.3% | $103,333+66.5% | $80,856+112.8% |
| Participation rate | 73.4% | 66.8%+6.6pp | 74.5%-1.1pp | 67.6%+5.8pp |
| Annual return | 15.82% | 25.55%-9.7pp | 24.88%-9.1pp | 35.59%-19.8pp |
| Employer contribution / active EE | $2,718 | $3,105-12.5% | $3,868-29.7% | $2,755-1.3% |
| Participant deferral / active EE | $7,087 | $3,869+83.2% | $5,057+40.1% | $4,296+65.0% |
| Admin fee / account holder | $15,421 | $6,566+134.8% | $8,355+84.6% | $6,918+122.9% |