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 | $55,163 | $85,766-35.7% | $136,294-59.5% | $70,131-21.3% |
| Participation rate | 87.8% | 74.2%+13.6pp | 81.9%+5.8pp | 69.5%+18.2pp |
| Annual return | 17.43% | 31.45%-14.0pp | 5155.94%-5138.5pp | 73.14%-55.7pp |
| Employer contribution / active EE | $3,719 | $2,966+25.4% | $4,695-20.8% | $2,342+58.7% |
| Participant deferral / active EE | $5,787 | $5,051+14.6% | $6,247-7.4% | $3,332+73.7% |
| Admin fee / account holder | $7,603 | $5,420+40.3% | $9,243-17.7% | $4,645+63.7% |