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 | $238,497 | $65,365+264.9% | $92,893+156.7% | $72,985+226.8% |
| Participation rate | 100.0% | 68.3%+31.7pp | 76.0%+24.0pp | 69.5%+30.5pp |
| Annual return | 17.86% | 42.10%-24.2pp | 109.41%-91.6pp | 81.00%-63.1pp |
| Employer contribution / active EE | $11,376 | $2,594+338.5% | $3,653+211.4% | $2,440+366.3% |
| Participant deferral / active EE | $9,077 | $3,128+190.1% | $4,236+114.3% | $3,607+151.6% |
| Admin fee / account holder | $301 | $4,251-92.9% | $5,794-94.8% | $5,124-94.1% |