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 | $182,497 | $91,552+99.3% | $133,956+36.2% | $79,858+128.5% |
| Participation rate | 90.0% | 73.3%+16.7pp | 79.8%+10.2pp | 69.6%+20.4pp |
| Annual return | 16.34% | 61.85%-45.5pp | 45.09%-28.8pp | 31.71%-15.4pp |
| Employer contribution / active EE | $3,648 | $2,384+53.0% | $3,919-6.9% | $2,471+47.6% |
| Participant deferral / active EE | $7,733 | $3,733+107.1% | $5,048+53.2% | $3,740+106.8% |
| Admin fee / account holder | $6,940 | $6,321+9.8% | $8,927-22.3% | $5,306+30.8% |