Filed October 10, 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 9-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 | $51,142 | $137,414-62.8% | $189,513-73.0% | $85,850-40.4% |
| Participation rate | 78.6% | 84.6%-6.0pp | 87.8%-9.2pp | 69.3%+9.3pp |
| Annual return | 147.52% | 38.14%+109.4pp | 555.15%-407.6pp | 318.53%-171.0pp |
| Employer contribution / active EE | $3,314 | $4,344-23.7% | $6,162-46.2% | $2,565+29.2% |
| Participant deferral / active EE | $5,381 | $6,260-14.0% | $8,221-34.6% | $3,952+36.2% |
| Admin fee / account holder | $3,278 | $8,630-62.0% | $12,045-72.8% | $6,260-47.6% |