Filed November 12, 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 | $144,577 | $52,681+174.4% | $75,781+90.8% | $59,632+142.4% |
| Participation rate | 100.0% | 67.2%+32.8pp | 75.8%+24.2pp | 68.7%+31.3pp |
| Annual return | 1.63% | 2.95%-1.3pp | 9.68%-8.1pp | 2041.28%-2039.7pp |
| Employer contribution / active EE | $1,456 | $2,193-33.6% | $3,323-56.2% | $2,203-33.9% |
| Participant deferral / active EE | $7,285 | $2,591+181.2% | $3,651+99.5% | $3,192+128.3% |
| Admin fee / account holder | $2,481 | $3,610-31.3% | $5,299-53.2% | $4,297-42.3% |