Filed August 10, 2024
Total covered: 2 employees
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 3-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 | $43,221 | $95,453-54.7% | $112,040-61.4% | $82,448-47.6% |
| Participation rate | 96.4% | 72.8%+23.7pp | 76.5%+19.9pp | 68.1%+28.4pp |
| Annual return | 15.01% | 23.92%-8.9pp | 24.52%-9.5pp | 41.64%-26.6pp |
| Employer contribution / active EE | $3,096 | $2,318+33.6% | $2,954+4.8% | $2,551+21.4% |
| Participant deferral / active EE | $5,478 | $4,224+29.7% | $5,098+7.5% | $4,139+32.3% |
| Admin fee / account holder | $5,014 | $9,013-44.4% | $12,098-58.6% | $7,234-30.7% |