Filed October 1, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $183,818 | $65,561+180.4% | $86,188+113.3% | $75,163+144.6% |
| Participation rate | 95.8% | 60.5%+35.3pp | 69.0%+26.9pp | 67.2%+28.6pp |
| Annual return | 804.67% | 46.05%+758.6pp | 1168.45%-363.8pp | 160.62%+644.1pp |
| Employer contribution / active EE | $12,815 | $1,553+725.4% | $2,380+438.4% | $2,670+380.0% |
| Participant deferral / active EE | $0 | $3,024-100.0% | $3,985-100.0% | $4,125-100.0% |
| Admin fee / account holder | $3,456 | $5,474-36.9% | $6,852-49.6% | $5,651-38.8% |