Filed September 5, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $257,053 | $144,119+78.4% | $117,854+118.1% | $147,584+74.2% |
| Participation rate | 100.0% | 83.4%+16.6pp | 79.7%+20.3pp | 82.8%+17.2pp |
| Annual return | 10.26% | 531.15%-520.9pp | 335.08%-324.8pp | 578.55%-568.3pp |
| Employer contribution / active EE | $4,776 | $4,896-2.5% | $3,786+26.2% | $4,876-2.0% |
| Participant deferral / active EE | $8,018 | $5,316+50.8% | $4,482+78.9% | $5,439+47.4% |
| Admin fee / account holder | $4,370 | $10,886-59.9% | $8,020-45.5% | $10,885-59.9% |