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 | $98,819 | $56,114+76.1% | $96,139+2.8% | $85,850+15.1% |
| Participation rate | 100.0% | 56.7%+43.3pp | 68.4%+31.6pp | 69.3%+30.7pp |
| Annual return | 18.18% | 42.30%-24.1pp | 191.94%-173.8pp | 318.53%-300.4pp |
| Employer contribution / active EE | $5,653 | $1,620+249.0% | $2,797+102.1% | $2,565+120.4% |
| Participant deferral / active EE | $16,581 | $2,859+479.9% | $4,349+281.3% | $3,952+319.6% |
| Admin fee / account holder | $6,348 | $3,768+68.5% | $5,537+14.6% | $6,260+1.4% |