Filed November 6, 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 | $132,621 | $209,832-36.8% | $189,513-30.0% | $167,490-20.8% |
| Participation rate | 100.0% | 88.7%+11.3pp | 87.8%+12.2pp | 82.1%+17.9pp |
| Annual return | 17.93% | 748.27%-730.3pp | 555.15%-537.2pp | 478.56%-460.6pp |
| Employer contribution / active EE | $10,247 | $6,914+48.2% | $6,162+66.3% | $4,837+111.8% |
| Participant deferral / active EE | $12,495 | $8,935+39.8% | $8,221+52.0% | $6,341+97.0% |
| Admin fee / account holder | $305 | $14,293-97.9% | $12,045-97.5% | $12,309-97.5% |