Filed July 10, 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 | $228,432 | $90,519+152.4% | $93,789+143.6% | $134,475+69.9% |
| Participation rate | 100.0% | 82.0%+18.0pp | 81.0%+19.0pp | 81.2%+18.8pp |
| Annual return | -18.61% | -15.72%-2.9pp | -11.33%-7.3pp | 417.96%-436.6pp |
| Employer contribution / active EE | $9,205 | $4,343+112.0% | $4,323+113.0% | $4,740+94.2% |
| Participant deferral / active EE | $13,467 | $5,978+125.3% | $6,094+121.0% | $6,400+110.4% |
| Admin fee / account holder | $1,940 | $9,252-79.0% | $7,195-73.0% | $11,426-83.0% |