Filed October 22, 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 | $30,260 | $76,000-60.2% | $154,107-80.4% | $64,186-52.9% |
| Participation rate | 97.3% | 70.4%+26.9pp | 83.0%+14.3pp | 69.6%+27.7pp |
| Annual return | -3.46% | 30.32%-33.8pp | 735.12%-738.6pp | 7.63%-11.1pp |
| Employer contribution / active EE | $6,234 | $3,351+86.1% | $5,298+17.7% | $2,381+161.9% |
| Participant deferral / active EE | $3,101 | $3,175-2.3% | $5,081-39.0% | $3,470-10.6% |
| Admin fee / account holder | $4,558 | $5,596-18.5% | $13,411-66.0% | $4,888-6.7% |