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 | $223,967 | $57,281+291.0% | $86,612+158.6% | $75,163+198.0% |
| Participation rate | 88.7% | 63.2%+25.5pp | 71.7%+17.0pp | 67.2%+21.5pp |
| Annual return | 19.00% | 2670.75%-2651.7pp | 591.07%-572.1pp | 160.62%-141.6pp |
| Employer contribution / active EE | $4,407 | $2,314+90.4% | $3,022+45.8% | $2,670+65.1% |
| Participant deferral / active EE | $12,659 | $3,318+281.5% | $4,438+185.3% | $4,125+206.9% |
| Admin fee / account holder | $10,230 | $4,112+148.8% | $5,614+82.2% | $5,651+81.0% |