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 | $140,062 | $72,012+94.5% | $185,823-24.6% | $79,858+75.4% |
| Participation rate | 71.0% | 65.8%+5.2pp | 78.0%-7.1pp | 69.6%+1.3pp |
| Annual return | 17.59% | 23.12%-5.5pp | 35.95%-18.4pp | 31.71%-14.1pp |
| Employer contribution / active EE | $2,647 | $1,965+34.7% | $4,087-35.2% | $2,471+7.1% |
| Participant deferral / active EE | $4,146 | $3,779+9.7% | $5,632-26.4% | $3,740+10.9% |
| Admin fee / account holder | $7,787 | $4,513+72.6% | $9,500-18.0% | $5,306+46.8% |