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 | $136,367 | $80,717+68.9% | $154,803-11.9% | $84,808+60.8% |
| Participation rate | 97.4% | 66.8%+30.6pp | 78.1%+19.3pp | 68.3%+29.1pp |
| Annual return | 19.06% | 37.96%-18.9pp | 58.88%-39.8pp | 40.90%-21.8pp |
| Employer contribution / active EE | $7,038 | $2,761+154.9% | $4,305+63.5% | $2,631+167.5% |
| Participant deferral / active EE | $6,626 | $3,303+100.6% | $5,540+19.6% | $4,212+57.3% |
| Admin fee / account holder | $5,197 | $6,746-23.0% | $14,329-63.7% | $7,344-29.2% |