Filed September 12, 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 | $448,800 | $101,724+341.2% | $164,813+172.3% | $80,856+455.1% |
| Participation rate | 100.0% | 71.8%+28.2pp | 78.6%+21.4pp | 67.6%+32.4pp |
| Annual return | 19.21% | 16.72%+2.5pp | 69.93%-50.7pp | 35.59%-16.4pp |
| Employer contribution / active EE | $7,391 | $2,953+150.2% | $4,341+70.3% | $2,755+168.3% |
| Participant deferral / active EE | $12,176 | $4,477+171.9% | $6,031+101.9% | $4,296+183.4% |
| Admin fee / account holder | $13,990 | $8,227+70.0% | $12,690+10.2% | $6,918+102.2% |