Filed September 11, 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 3-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 | $97,835 | $73,515+33.1% | $62,995+55.3% | $147,584-33.7% |
| Participation rate | 93.8% | 77.9%+15.9pp | 74.8%+18.9pp | 82.8%+10.9pp |
| Annual return | 11.69% | 175.43%-163.7pp | 87.57%-75.9pp | 578.55%-566.9pp |
| Employer contribution / active EE | $4,326 | $3,320+30.3% | $2,759+56.8% | $4,876-11.3% |
| Participant deferral / active EE | $7,856 | $4,185+87.7% | $3,329+136.0% | $5,439+44.5% |
| Admin fee / account holder | $1,268 | $5,953-78.7% | $3,600-64.8% | $10,885-88.4% |