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 | $125,557 | $79,449+58.0% | $189,557-33.8% | $85,850+46.3% |
| Participation rate | 76.6% | 66.0%+10.6pp | 78.4%-1.8pp | 69.3%+7.3pp |
| Annual return | 16.83% | 18.45%-1.6pp | 64.17%-47.3pp | 318.53%-301.7pp |
| Employer contribution / active EE | $2,770 | $2,081+33.1% | $4,412-37.2% | $2,565+8.0% |
| Participant deferral / active EE | $4,196 | $4,051+3.6% | $6,174-32.0% | $3,952+6.2% |
| Admin fee / account holder | $32,048 | $5,377+496.0% | $9,807+226.8% | $6,260+412.0% |