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 | $178,664 | $86,929+105.5% | $102,423+74.4% | $80,856+121.0% |
| Participation rate | 88.1% | 72.4%+15.7pp | 76.5%+11.6pp | 67.6%+20.5pp |
| Annual return | 15.23% | 18.88%-3.7pp | 29.32%-14.1pp | 35.59%-20.4pp |
| Employer contribution / active EE | $1,483 | $2,369-37.4% | $3,023-50.9% | $2,755-46.2% |
| Participant deferral / active EE | $5,938 | $4,118+44.2% | $5,053+17.5% | $4,296+38.2% |
| Admin fee / account holder | $3,312 | $8,049-58.9% | $9,451-65.0% | $6,918-52.1% |