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 | $144,762 | $59,107+144.9% | $86,436+67.5% | $68,494+111.3% |
| Participation rate | 100.0% | 75.2%+24.8pp | 80.3%+19.7pp | 67.9%+32.1pp |
| Annual return | -13.81% | -0.23%-13.6pp | 4394.89%-4408.7pp | -7.84%-6.0pp |
| Employer contribution / active EE | $7,941 | $2,519+215.2% | $3,769+110.7% | $2,596+205.8% |
| Participant deferral / active EE | $6,117 | $5,901+3.7% | $6,952-12.0% | $4,027+51.9% |
| Admin fee / account holder | $313 | $5,637-94.5% | $6,731-95.4% | $5,403-94.2% |