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 | $197,322 | $77,503+154.6% | $100,391+96.6% | $80,856+144.0% |
| Participation rate | 97.6% | 76.9%+20.6pp | 81.5%+16.1pp | 67.6%+29.9pp |
| Annual return | 14.33% | 37.20%-22.9pp | 49.20%-34.9pp | 35.59%-21.3pp |
| Employer contribution / active EE | $8,749 | $2,801+212.4% | $3,942+122.0% | $2,755+217.6% |
| Participant deferral / active EE | $6,971 | $6,820+2.2% | $8,082-13.7% | $4,296+62.3% |
| Admin fee / account holder | $8,646 | $5,897+46.6% | $7,899+9.5% | $6,918+25.0% |