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 | $170,200 | $54,350+213.2% | $82,719+105.8% | $68,494+148.5% |
| Participation rate | 100.0% | 63.9%+36.1pp | 72.6%+27.4pp | 67.9%+32.1pp |
| Annual return | -13.70% | -13.67%0pp | 701.18%-714.9pp | -7.84%-5.9pp |
| Employer contribution / active EE | $21,114 | $2,218+851.9% | $3,009+601.7% | $2,596+713.2% |
| Participant deferral / active EE | $10,953 | $3,246+237.4% | $4,395+149.2% | $4,027+172.0% |
| Admin fee / account holder | $20,867 | $4,395+374.7% | $5,329+291.6% | $5,403+286.2% |