Filed October 29, 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 | $92,070 | $90,503+1.7% | $78,689+17.0% | $273,961-66.4% |
| Participation rate | 100.0% | 76.5%+23.5pp | 73.6%+26.4pp | 83.0%+17.0pp |
| Annual return | 8.86% | 75.60%-66.7pp | 62.18%-53.3pp | 41.45%-32.6pp |
| Employer contribution / active EE | $6,634 | $3,176+108.9% | $2,851+132.7% | $4,869+36.3% |
| Participant deferral / active EE | $7,259 | $3,901+86.1% | $3,517+106.4% | $5,287+37.3% |
| Admin fee / account holder | $3,135 | $5,263-40.4% | $4,510-30.5% | $10,132-69.1% |