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 | $172,288 | $71,050+142.5% | $93,606+84.1% | $80,856+113.1% |
| Participation rate | 100.0% | 60.4%+39.6pp | 68.7%+31.3pp | 67.6%+32.4pp |
| Annual return | 22.06% | 11.26%+10.8pp | 133.20%-111.1pp | 35.59%-13.5pp |
| Employer contribution / active EE | $12,141 | $1,564+676.5% | $2,420+401.7% | $2,755+340.7% |
| Participant deferral / active EE | $0 | $4,034-100.0% | $4,411-100.0% | $4,296-100.0% |
| Admin fee / account holder | $4,067 | $6,945-41.4% | $8,285-50.9% | $6,918-41.2% |