Filed September 30, 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 | $134,951 | $102,317+31.9% | $146,958-8.2% | $80,856+66.9% |
| Participation rate | 70.0% | 75.8%-5.8pp | 82.2%-12.2pp | 67.6%+2.4pp |
| Annual return | 20.48% | 134.76%-114.3pp | 418.34%-397.9pp | 35.59%-15.1pp |
| Employer contribution / active EE | $2,444 | $3,713-34.2% | $4,933-50.5% | $2,755-11.3% |
| Participant deferral / active EE | $4,729 | $6,644-28.8% | $8,070-41.4% | $4,296+10.1% |
| Admin fee / account holder | $336 | $7,941-95.8% | $12,998-97.4% | $6,918-95.1% |