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 | $166,706 | $77,145+116.1% | $108,410+53.8% | $85,850+94.2% |
| Participation rate | 100.0% | 74.7%+25.3pp | 80.1%+19.9pp | 69.3%+30.7pp |
| Annual return | 13.97% | 44.54%-30.6pp | 905.27%-891.3pp | 318.53%-304.6pp |
| Employer contribution / active EE | $8,030 | $2,379+237.5% | $3,558+125.7% | $2,565+213.0% |
| Participant deferral / active EE | $6,295 | $5,566+13.1% | $6,563-4.1% | $3,952+59.3% |
| Admin fee / account holder | $8,886 | $5,172+71.8% | $7,295+21.8% | $6,260+42.0% |