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 | $154,404 | $85,202+81.2% | $172,739-10.6% | $72,985+111.6% |
| Participation rate | 90.0% | 70.1%+19.9pp | 82.6%+7.4pp | 69.5%+20.5pp |
| Annual return | 27.19% | 27.32%-0.1pp | 802.84%-775.6pp | 81.00%-53.8pp |
| Employer contribution / active EE | $4,209 | $3,324+26.6% | $5,143-18.2% | $2,440+72.5% |
| Participant deferral / active EE | $7,079 | $3,260+117.1% | $5,198+36.2% | $3,607+96.2% |
| Admin fee / account holder | $15,801 | $5,884+168.5% | $13,954+13.2% | $5,124+208.3% |