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 | $118,909 | $46,553+155.4% | $64,056+85.6% | $75,163+58.2% |
| Participation rate | 100.0% | 65.9%+34.1pp | 72.3%+27.7pp | 67.2%+32.8pp |
| Annual return | 15.59% | 26.03%-10.4pp | 33.69%-18.1pp | 160.62%-145.0pp |
| Employer contribution / active EE | $4,699 | $1,974+138.1% | $2,747+71.1% | $2,670+76.0% |
| Participant deferral / active EE | $2,014 | $2,837-29.0% | $3,880-48.1% | $4,125-51.2% |
| Admin fee / account holder | $6,606 | $2,952+123.8% | $3,068+115.3% | $5,651+16.9% |