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 | $52,231 | $125,758-58.5% | $169,993-69.3% | $75,163-30.5% |
| Participation rate | 73.2% | 83.6%-10.4pp | 87.0%-13.8pp | 67.2%+6.0pp |
| Annual return | 21.89% | 27.20%-5.3pp | 53.37%-31.5pp | 160.62%-138.7pp |
| Employer contribution / active EE | $3,292 | $4,615-28.7% | $6,785-51.5% | $2,670+23.3% |
| Participant deferral / active EE | $6,302 | $6,837-7.8% | $10,408-39.5% | $4,125+52.8% |
| Admin fee / account holder | $4,411 | $8,173-46.0% | $12,815-65.6% | $5,651-21.9% |