Filed November 21, 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 | $151,319 | $49,177+207.7% | $79,464+90.4% | $64,186+135.8% |
| Participation rate | 88.9% | 65.0%+23.9pp | 73.3%+15.5pp | 69.6%+19.3pp |
| Annual return | -0.89% | -1.16%+0.3pp | 718.14%-719.0pp | 7.63%-8.5pp |
| Employer contribution / active EE | $3,503 | $2,076+68.7% | $2,800+25.1% | $2,381+47.1% |
| Participant deferral / active EE | $9,539 | $2,821+238.1% | $3,704+157.5% | $3,470+174.9% |
| Admin fee / account holder | $16,250 | $3,839+323.3% | $5,113+217.8% | $4,888+232.4% |