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 | $207,264 | $89,753+130.9% | $107,525+92.8% | $84,808+144.4% |
| Participation rate | 86.7% | 68.1%+18.6pp | 75.1%+11.6pp | 68.3%+18.4pp |
| Annual return | 16.42% | 29.48%-13.1pp | 181.32%-164.9pp | 40.90%-24.5pp |
| Employer contribution / active EE | $4,016 | $3,113+29.0% | $3,754+7.0% | $2,631+52.7% |
| Participant deferral / active EE | $10,719 | $4,056+164.3% | $5,116+109.5% | $4,212+154.5% |
| Admin fee / account holder | $11,980 | $7,222+65.9% | $8,919+34.3% | $7,344+63.1% |