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 | $209,743 | $60,124+248.8% | $90,404+132.0% | $79,858+162.6% |
| Participation rate | 94.4% | 65.0%+29.4pp | 72.7%+21.7pp | 69.6%+24.7pp |
| Annual return | 20.82% | 71.94%-51.1pp | 1293.02%-1272.2pp | 31.71%-10.9pp |
| Employer contribution / active EE | $3,723 | $2,068+80.1% | $3,262+14.1% | $2,471+50.7% |
| Participant deferral / active EE | $10,742 | $2,938+265.6% | $3,963+171.0% | $3,740+187.2% |
| Admin fee / account holder | $5,438 | $3,976+36.8% | $5,611-3.1% | $5,306+2.5% |