Filed July 1, 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 | $190,364 | $81,446+133.7% | $103,374+84.2% | $80,874+135.4% |
| Participation rate | 71.4% | 66.9%+4.6pp | 74.5%-3.1pp | 67.6%+3.8pp |
| Annual return | 10.97% | 25.57%-14.6pp | 24.89%-13.9pp | 35.62%-24.7pp |
| Employer contribution / active EE | $4,187 | $3,107+34.8% | $3,869+8.2% | $2,756+52.0% |
| Participant deferral / active EE | $10,616 | $3,870+174.3% | $5,058+109.9% | $4,297+147.1% |
| Admin fee / account holder | $379 | $6,715-94.4% | $8,394-95.5% | $6,935-94.5% |