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 | $63,596 | $122,239-48.0% | $184,203-65.5% | $74,495-14.6% |
| Participation rate | 71.6% | 85.5%-13.9pp | 86.8%-15.3pp | 67.2%+4.4pp |
| Annual return | 16.43% | 19.95%-3.5pp | 28.81%-12.4pp | 1364.94%-1348.5pp |
| Employer contribution / active EE | $3,020 | $4,537-33.5% | $6,427-53.0% | $2,623+15.1% |
| Participant deferral / active EE | $6,339 | $7,139-11.2% | $9,131-30.6% | $4,346+45.9% |
| Admin fee / account holder | $4,560 | $1,260+262.0% | $13,901-67.2% | $1,942+134.8% |