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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $254,401 | $91,538+177.9% | $129,995+95.7% | $75,163+238.5% |
| Participation rate | 84.3% | 71.4%+12.9pp | 78.5%+5.8pp | 67.2%+17.1pp |
| Annual return | 20.39% | -631.11%+651.5pp | -137.18%+157.6pp | 160.62%-140.2pp |
| Employer contribution / active EE | $5,621 | $2,845+97.6% | $4,320+30.1% | $2,670+110.5% |
| Participant deferral / active EE | $11,095 | $4,341+155.6% | $5,820+90.6% | $4,125+169.0% |
| Admin fee / account holder | $1,390 | $6,790-79.5% | $10,614-86.9% | $5,651-75.4% |