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 | $128,860 | $63,355+103.4% | $91,989+40.1% | $72,985+76.6% |
| Participation rate | 100.0% | 72.5%+27.5pp | 78.6%+21.4pp | 69.5%+30.5pp |
| Annual return | 19.82% | 35.35%-15.5pp | 69.02%-49.2pp | 81.00%-61.2pp |
| Employer contribution / active EE | $7,520 | $2,116+255.5% | $3,452+117.8% | $2,440+208.2% |
| Participant deferral / active EE | $6,360 | $4,883+30.3% | $5,923+7.4% | $3,607+76.3% |
| Admin fee / account holder | $889 | $4,668-81.0% | $7,743-88.5% | $5,124-82.7% |