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 | $140,516 | $64,839+116.7% | $95,585+47.0% | $84,808+65.7% |
| Participation rate | 84.0% | 63.8%+20.2pp | 72.1%+12.0pp | 68.3%+15.7pp |
| Annual return | 14.81% | -670.96%+685.8pp | 38.56%-23.8pp | 40.90%-26.1pp |
| Employer contribution / active EE | $1,813 | $1,759+3.1% | $2,527-28.3% | $2,631-31.1% |
| Participant deferral / active EE | $5,474 | $2,965+84.6% | $4,023+36.1% | $4,212+30.0% |
| Admin fee / account holder | $7,331 | $5,964+22.9% | $6,127+19.7% | $7,344-0.2% |