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 | $188,278 | $58,208+223.5% | $81,812+130.1% | $80,856+132.9% |
| Participation rate | 100.0% | 63.4%+36.6pp | 72.3%+27.7pp | 67.6%+32.4pp |
| Annual return | 13.85% | 41.66%-27.8pp | 773.79%-759.9pp | 35.59%-21.7pp |
| Employer contribution / active EE | $25,212 | $2,340+977.4% | $2,912+765.7% | $2,755+815.2% |
| Participant deferral / active EE | $14,958 | $3,281+355.9% | $4,319+246.4% | $4,296+248.2% |
| Admin fee / account holder | $36,089 | $4,981+624.5% | $7,386+388.6% | $6,918+421.7% |