Filed October 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $89,022 | $46,553+91.2% | $64,056+39.0% | $75,163+18.4% |
| Participation rate | 85.2% | 65.9%+19.2pp | 72.3%+12.9pp | 67.2%+18.0pp |
| Annual return | 23.49% | 26.03%-2.5pp | 33.69%-10.2pp | 160.62%-137.1pp |
| Employer contribution / active EE | $0 | $1,974-100.0% | $2,747-100.0% | $2,670-100.0% |
| Participant deferral / active EE | $3,188 | $2,837+12.4% | $3,880-17.8% | $4,125-22.7% |
| Admin fee / account holder | $19,404 | $2,952+557.3% | $3,068+532.4% | $5,651+243.4% |