Filed November 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,117 | $61,789+100.9% | $97,167+27.7% | $80,874+53.5% |
| Participation rate | 84.3% | 63.5%+20.8pp | 72.7%+11.6pp | 67.6%+16.6pp |
| Annual return | 14.18% | -557.90%+572.1pp | 75.27%-61.1pp | 35.62%-21.4pp |
| Employer contribution / active EE | $1,828 | $1,837-0.5% | $2,729-33.0% | $2,756-33.7% |
| Participant deferral / active EE | $5,242 | $3,028+73.1% | $4,264+22.9% | $4,297+22.0% |
| Admin fee / account holder | $14,583 | $5,168+182.2% | $5,650+158.1% | $6,935+110.3% |