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 | $208,329 | $89,753+132.1% | $107,525+93.7% | $84,808+145.6% |
| Participation rate | 89.3% | 68.1%+21.2pp | 75.1%+14.2pp | 68.3%+21.0pp |
| Annual return | 23.80% | 29.48%-5.7pp | 181.32%-157.5pp | 40.90%-17.1pp |
| Employer contribution / active EE | $4,889 | $3,113+57.0% | $3,754+30.2% | $2,631+85.8% |
| Participant deferral / active EE | $11,927 | $4,056+194.0% | $5,116+133.1% | $4,212+183.2% |
| Admin fee / account holder | $775 | $7,222-89.3% | $8,919-91.3% | $7,344-89.4% |