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 | $183,379 | $83,477+119.7% | $125,175+46.5% | $72,985+151.3% |
| Participation rate | 74.5% | 73.3%+1.2pp | 79.8%-5.2pp | 69.5%+5.1pp |
| Annual return | 24.49% | 25.78%-1.3pp | 43.79%-19.3pp | 81.00%-56.5pp |
| Employer contribution / active EE | $3,345 | $2,345+42.6% | $3,865-13.5% | $2,440+37.1% |
| Participant deferral / active EE | $5,780 | $3,585+61.2% | $4,937+17.1% | $3,607+60.2% |
| Admin fee / account holder | $2,793 | $5,517-49.4% | $9,702-71.2% | $5,124-45.5% |