Filed November 20, 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 | $115,337 | $56,972+102.4% | $182,532-36.8% | $65,185+76.9% |
| Participation rate | 70.0% | 66.5%+3.5pp | 78.0%-8.0pp | 70.2%-0.2pp |
| Annual return | 22.17% | 27.67%-5.5pp | 148.54%-126.4pp | 29.38%-7.2pp |
| Employer contribution / active EE | $2,599 | $1,615+61.0% | $4,076-36.2% | $2,177+19.4% |
| Participant deferral / active EE | $3,657 | $3,526+3.7% | $5,524-33.8% | $3,514+4.1% |
| Admin fee / account holder | $13,264 | $528+2412.8% | $8,592+54.4% | $847+1465.9% |