Filed October 3, 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 | $159,171 | $72,404+119.8% | $110,238+44.4% | $64,186+148.0% |
| Participation rate | 71.2% | 73.3%-2.2pp | 79.8%-8.7pp | 69.6%+1.6pp |
| Annual return | -7.22% | -6.29%-0.9pp | 314.74%-322.0pp | 7.63%-14.9pp |
| Employer contribution / active EE | $3,601 | $2,282+57.8% | $3,826-5.9% | $2,381+51.3% |
| Participant deferral / active EE | $6,016 | $3,469+73.4% | $4,672+28.8% | $3,470+73.4% |
| Admin fee / account holder | $2,506 | $5,664-55.8% | $8,547-70.7% | $4,888-48.7% |