Filed August 9, 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 | $210,089 | $60,124+249.4% | $90,404+132.4% | $79,858+163.1% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 11.60% | 71.94%-60.3pp | 1293.02%-1281.4pp | 31.71%-20.1pp |
| Employer contribution / active EE | $18,618 | $2,068+800.4% | $3,262+470.8% | $2,471+653.5% |
| Participant deferral / active EE | $9,307 | $2,938+216.8% | $3,963+134.8% | $3,740+148.8% |
| Admin fee / account holder | $22,801 | $3,976+473.4% | $5,611+306.4% | $5,306+329.7% |