Filed July 24, 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 | $121,311 | $91,190+33.0% | $178,490-32.0% | $79,858+51.9% |
| Participation rate | 72.9% | 69.2%+3.7pp | 81.9%-9.1pp | 69.6%+3.2pp |
| Annual return | 16.01% | 24.19%-8.2pp | 151.07%-135.1pp | 31.71%-15.7pp |
| Employer contribution / active EE | $3,111 | $3,256-4.5% | $5,011-37.9% | $2,471+25.9% |
| Participant deferral / active EE | $5,402 | $3,236+66.9% | $5,202+3.8% | $3,740+44.4% |
| Admin fee / account holder | $5,376 | $6,751-20.4% | $13,984-61.6% | $5,306+1.3% |