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 | $187,430 | $54,350+244.9% | $82,719+126.6% | $68,494+173.6% |
| Participation rate | 97.1% | 63.9%+33.2pp | 72.6%+24.6pp | 67.9%+29.3pp |
| Annual return | -15.68% | -13.67%-2.0pp | 701.18%-716.9pp | -7.84%-7.8pp |
| Employer contribution / active EE | $4,058 | $2,218+83.0% | $3,009+34.9% | $2,596+56.3% |
| Participant deferral / active EE | $11,703 | $3,246+260.5% | $4,395+166.3% | $4,027+190.6% |
| Admin fee / account holder | $19,053 | $4,395+333.5% | $5,329+257.5% | $5,403+252.7% |