Filed August 15, 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 5-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 | $79,513 | $127,065-37.4% | $113,168-29.7% | $142,382-44.2% |
| Participation rate | 90.0% | 79.2%+10.8pp | 76.6%+13.4pp | 80.1%+9.9pp |
| Annual return | 21.88% | 24.03%-2.2pp | 24.27%-2.4pp | 217.08%-195.2pp |
| Employer contribution / active EE | $9,978 | $3,442+189.9% | $2,975+235.4% | $4,299+132.1% |
| Participant deferral / active EE | $11,245 | $5,716+96.7% | $5,107+120.2% | $6,507+72.8% |
| Admin fee / account holder | $3,645 | $15,736-76.8% | $12,068-69.8% | $12,624-71.1% |