Filed October 15, 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 | $61,217 | $53,127+15.2% | $86,590-29.3% | $70,131-12.7% |
| Participation rate | 87.0% | 65.3%+21.7pp | 73.5%+13.5pp | 69.5%+17.5pp |
| Annual return | 23.93% | 27.66%-3.7pp | 964.84%-940.9pp | 73.14%-49.2pp |
| Employer contribution / active EE | $3,207 | $2,068+55.1% | $2,839+12.9% | $2,342+36.9% |
| Participant deferral / active EE | $6,149 | $2,696+128.1% | $3,609+70.4% | $3,332+84.5% |
| Admin fee / account holder | $3,214 | $3,585-10.4% | $4,906-34.5% | $4,645-30.8% |