Filed November 27, 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 | $90,311 | $66,813+35.2% | $100,516-10.2% | $73,488+22.9% |
| Participation rate | 100.0% | 77.5%+22.5pp | 79.4%+20.6pp | 70.7%+29.3pp |
| Annual return | 21.73% | 25.70%-4.0pp | 30.89%-9.2pp | 28.51%-6.8pp |
| Employer contribution / active EE | $10,712 | $2,147+399.0% | $3,418+213.4% | $2,270+371.9% |
| Participant deferral / active EE | $10,873 | $5,883+84.8% | $6,270+73.4% | $3,740+190.7% |
| Admin fee / account holder | $5,042 | $512+884.7% | $8,081-37.6% | $513+882.8% |