Filed June 4, 2024
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $132,969 | $106,749+24.6% | $145,433-8.6% | $82,448+61.3% |
| Participation rate | 100.0% | 75.6%+24.4pp | 82.1%+17.9pp | 68.1%+31.9pp |
| Annual return | 17.42% | 27.59%-10.2pp | 66.58%-49.2pp | 41.64%-24.2pp |
| Employer contribution / active EE | $8,946 | $3,444+159.7% | $4,554+96.4% | $2,551+250.7% |
| Participant deferral / active EE | $5,387 | $6,519-17.4% | $7,897-31.8% | $4,139+30.2% |
| Admin fee / account holder | $2,115 | $8,390-74.8% | $13,129-83.9% | $7,234-70.8% |