Filed February 12, 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 | $36,491 | $63,346-42.4% | $92,233-60.4% | $70,131-48.0% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 19.54% | 530.12%-510.6pp | 176.28%-156.7pp | 73.14%-53.6pp |
| Employer contribution / active EE | $1,950 | $2,471-21.1% | $3,679-47.0% | $2,342-16.8% |
| Participant deferral / active EE | $3,827 | $2,854+34.1% | $3,897-1.8% | $3,332+14.9% |
| Admin fee / account holder | $1,643 | $3,840-57.2% | $5,194-68.4% | $4,645-64.6% |