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 | $105,734 | $81,248+30.1% | $155,509-32.0% | $80,856+30.8% |
| Participation rate | 75.7% | 66.2%+9.4pp | 78.2%-2.5pp | 67.6%+8.0pp |
| Annual return | 17.71% | 33.31%-15.6pp | 64.67%-47.0pp | 35.59%-17.9pp |
| Employer contribution / active EE | $4,578 | $3,100+47.7% | $4,672-2.0% | $2,755+66.2% |
| Participant deferral / active EE | $6,115 | $3,452+77.2% | $5,626+8.7% | $4,296+42.4% |
| Admin fee / account holder | $1,049 | $7,997-86.9% | $15,912-93.4% | $6,918-84.8% |