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.
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 | $119,444 | $49,227+142.6% | $70,449+69.5% | $79,858+49.6% |
| Participation rate | 100.0% | 69.2%+30.8pp | 75.1%+24.9pp | 69.6%+30.4pp |
| Annual return | 15.28% | 30.06%-14.8pp | 109.03%-93.7pp | 31.71%-16.4pp |
| Employer contribution / active EE | $3,533 | $2,099+68.3% | $2,737+29.1% | $2,471+43.0% |
| Participant deferral / active EE | $1,511 | $2,768-45.4% | $3,709-59.3% | $3,740-59.6% |
| Admin fee / account holder | $3,176 | $2,878+10.4% | $3,845-17.4% | $5,306-40.1% |