Filed November 8, 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 | $107,667 | $58,577+83.8% | $83,333+29.2% | $64,186+67.7% |
| Participation rate | 100.0% | 72.0%+28.0pp | 77.8%+22.2pp | 69.6%+30.4pp |
| Annual return | -4.78% | 9.65%-14.4pp | 10.63%-15.4pp | 7.63%-12.4pp |
| Employer contribution / active EE | $7,493 | $2,098+257.1% | $3,379+121.8% | $2,381+214.7% |
| Participant deferral / active EE | $5,570 | $4,654+19.7% | $5,565+0.1% | $3,470+60.5% |
| Admin fee / account holder | $3,945 | $9,275-57.5% | $7,510-47.5% | $4,888-19.3% |