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 | $120,024 | $80,717+48.7% | $154,803-22.5% | $84,808+41.5% |
| Participation rate | 81.6% | 66.8%+14.8pp | 78.1%+3.5pp | 68.3%+13.3pp |
| Annual return | 14.49% | 37.96%-23.5pp | 58.88%-44.4pp | 40.90%-26.4pp |
| Employer contribution / active EE | $5,103 | $2,761+84.8% | $4,305+18.5% | $2,631+93.9% |
| Participant deferral / active EE | $6,630 | $3,303+100.7% | $5,540+19.7% | $4,212+57.4% |
| Admin fee / account holder | $392 | $6,746-94.2% | $14,329-97.3% | $7,344-94.7% |