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 | $244,795 | $94,752+158.4% | $112,887+116.8% | $139,434+75.6% |
| Participation rate | 100.0% | 81.3%+18.7pp | 80.5%+19.5pp | 80.3%+19.7pp |
| Annual return | 17.71% | 40.88%-23.2pp | 34.10%-16.4pp | 372.94%-355.2pp |
| Employer contribution / active EE | $12,900 | $4,625+178.9% | $4,563+182.7% | $4,751+171.5% |
| Participant deferral / active EE | $12,948 | $6,512+98.8% | $6,513+98.8% | $6,710+93.0% |
| Admin fee / account holder | $16,896 | $8,527+98.1% | $7,047+139.7% | $11,403+48.2% |