Filed November 6, 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 | $115,504 | $76,000+52.0% | $154,107-25.0% | $64,186+80.0% |
| Participation rate | 87.8% | 70.4%+17.4pp | 83.0%+4.8pp | 69.6%+18.2pp |
| Annual return | -7.14% | 30.32%-37.5pp | 735.12%-742.3pp | 7.63%-14.8pp |
| Employer contribution / active EE | $3,572 | $3,351+6.6% | $5,298-32.6% | $2,381+50.0% |
| Participant deferral / active EE | $6,259 | $3,175+97.1% | $5,081+23.2% | $3,470+80.4% |
| Admin fee / account holder | $5,159 | $5,596-7.8% | $13,411-61.5% | $4,888+5.5% |