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 | $98,618 | $42,894+129.9% | $60,874+62.0% | $68,494+44.0% |
| Participation rate | 100.0% | 66.8%+33.2pp | 73.1%+26.9pp | 67.9%+32.1pp |
| Annual return | -13.38% | -13.98%+0.6pp | 16.90%-30.3pp | -7.84%-5.5pp |
| Employer contribution / active EE | $3,678 | $1,978+85.9% | $2,701+36.1% | $2,596+41.7% |
| Participant deferral / active EE | $1,576 | $2,867-45.0% | $3,817-58.7% | $4,027-60.9% |
| Admin fee / account holder | $8,665 | $3,101+179.5% | $3,224+168.8% | $5,403+60.4% |