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 | $72,815 | $54,350+34.0% | $82,719-12.0% | $68,494+6.3% |
| Participation rate | 97.6% | 63.9%+33.7pp | 72.6%+25.1pp | 67.9%+29.7pp |
| Annual return | -19.40% | -13.67%-5.7pp | 701.18%-720.6pp | -7.84%-11.6pp |
| Employer contribution / active EE | $4,221 | $2,218+90.3% | $3,009+40.3% | $2,596+62.6% |
| Participant deferral / active EE | $10,022 | $3,246+208.7% | $4,395+128.0% | $4,027+148.9% |
| Admin fee / account holder | $3,123 | $4,395-28.9% | $5,329-41.4% | $5,403-42.2% |