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 | $112,681 | $53,822+109.4% | $75,696+48.9% | $85,850+31.3% |
| Participation rate | 100.0% | 69.1%+30.9pp | 74.8%+25.2pp | 69.3%+30.7pp |
| Annual return | 13.66% | 24.54%-10.9pp | 104.53%-90.9pp | 318.53%-304.9pp |
| Employer contribution / active EE | $3,624 | $2,017+79.7% | $2,743+32.1% | $2,565+41.3% |
| Participant deferral / active EE | $1,553 | $2,895-46.4% | $3,821-59.4% | $3,952-60.7% |
| Admin fee / account holder | $2,424 | $3,343-27.5% | $3,619-33.0% | $6,260-61.3% |