Filed July 16, 2024
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $35,724 | $95,453-62.6% | $112,040-68.1% | $82,448-56.7% |
| Participation rate | 84.5% | 72.8%+11.8pp | 76.5%+8.0pp | 68.1%+16.4pp |
| Annual return | 20.96% | 23.92%-3.0pp | 24.52%-3.6pp | 41.64%-20.7pp |
| Employer contribution / active EE | $2,291 | $2,318-1.2% | $2,954-22.4% | $2,551-10.2% |
| Participant deferral / active EE | $3,596 | $4,224-14.9% | $5,098-29.5% | $4,139-13.1% |
| Admin fee / account holder | $4,112 | $9,013-54.4% | $12,098-66.0% | $7,234-43.2% |