Filed December 19, 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 | $93,717 | $62,586+49.7% | $76,768+22.1% | $64,186+46.0% |
| Participation rate | 87.2% | 72.8%+14.4pp | 77.0%+10.3pp | 69.6%+17.7pp |
| Annual return | -5.27% | -1.95%-3.3pp | 2.43%-7.7pp | 7.63%-12.9pp |
| Employer contribution / active EE | $1,400 | $1,832-23.6% | $2,485-43.7% | $2,381-41.2% |
| Participant deferral / active EE | $5,628 | $3,145+79.0% | $3,852+46.1% | $3,470+62.2% |
| Admin fee / account holder | $6,790 | $4,667+45.5% | $6,675+1.7% | $4,888+38.9% |