Filed November 25, 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 6-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 | $38,961 | $101,763-61.7% | $164,866-76.4% | $80,874-51.8% |
| Participation rate | 77.9% | 71.8%+6.1pp | 78.6%-0.7pp | 67.6%+10.2pp |
| Annual return | 14.08% | 16.73%-2.6pp | 69.97%-55.9pp | 35.62%-21.5pp |
| Employer contribution / active EE | $2,403 | $2,954-18.7% | $4,343-44.7% | $2,756-12.8% |
| Participant deferral / active EE | $5,373 | $4,477+20.0% | $6,033-10.9% | $4,297+25.0% |
| Admin fee / account holder | $2,094 | $8,228-74.6% | $12,689-83.5% | $6,935-69.8% |