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 | $97,832 | $70,669+38.4% | $169,368-42.2% | $75,163+30.2% |
| Participation rate | 80.9% | 64.8%+16.1pp | 77.1%+3.8pp | 67.2%+13.7pp |
| Annual return | 16.60% | 36.36%-19.8pp | 405.60%-389.0pp | 160.62%-144.0pp |
| Employer contribution / active EE | $3,094 | $2,211+39.9% | $4,013-22.9% | $2,670+15.9% |
| Participant deferral / active EE | $4,563 | $4,311+5.9% | $6,221-26.7% | $4,125+10.6% |
| Admin fee / account holder | $16,420 | $5,402+203.9% | $9,003+82.4% | $5,651+190.6% |