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 | $93,870 | $69,010+36.0% | $159,960-41.3% | $68,494+37.0% |
| Participation rate | 75.0% | 65.4%+9.6pp | 78.0%-3.0pp | 67.9%+7.1pp |
| Annual return | -17.66% | -9.65%-8.0pp | 408.60%-426.3pp | -7.84%-9.8pp |
| Employer contribution / active EE | $2,933 | $2,213+32.5% | $4,226-30.6% | $2,596+13.0% |
| Participant deferral / active EE | $4,463 | $4,212+6.0% | $6,182-27.8% | $4,027+10.8% |
| Admin fee / account holder | $23,480 | $4,798+389.4% | $8,698+169.9% | $5,403+334.6% |