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 | $109,881+9.6% | $150,045-19.7% | $84,808+42.0% |
| Participation rate | 95.1% | 76.1%+19.0pp | 82.3%+12.8pp | 68.3%+26.8pp |
| Annual return | 16.39% | 28.25%-11.9pp | 62.55%-46.2pp | 40.90%-24.5pp |
| Employer contribution / active EE | $4,535 | $3,561+27.3% | $4,693-3.4% | $2,631+72.4% |
| Participant deferral / active EE | $6,709 | $6,636+1.1% | $7,997-16.1% | $4,212+59.3% |
| Admin fee / account holder | $3,463 | $8,568-59.6% | $13,435-74.2% | $7,344-52.8% |