Filed December 12, 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 | $120,415 | $106,749+12.8% | $145,433-17.2% | $82,448+46.0% |
| Participation rate | 95.1% | 75.6%+19.4pp | 82.1%+13.0pp | 68.1%+27.0pp |
| Annual return | 16.39% | 27.59%-11.2pp | 66.58%-50.2pp | 41.64%-25.2pp |
| Employer contribution / active EE | $4,535 | $3,444+31.7% | $4,554-0.4% | $2,551+77.8% |
| Participant deferral / active EE | $6,709 | $6,519+2.9% | $7,897-15.1% | $4,139+62.1% |
| Admin fee / account holder | $3,463 | $8,390-58.7% | $13,129-73.6% | $7,234-52.1% |