Filed October 8, 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 9-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 | $62,716 | $48,046+30.5% | $84,611-25.9% | $72,985-14.1% |
| Participation rate | 92.9% | 57.6%+35.3pp | 68.2%+24.6pp | 69.5%+23.4pp |
| Annual return | 32.98% | 37.38%-4.4pp | 258.74%-225.8pp | 81.00%-48.0pp |
| Employer contribution / active EE | $4,140 | $1,602+158.5% | $2,652+56.1% | $2,440+69.7% |
| Participant deferral / active EE | $10,332 | $2,680+285.5% | $3,899+165.0% | $3,607+186.4% |
| Admin fee / account holder | $4,802 | $3,395+41.4% | $4,912-2.3% | $5,124-6.3% |