Filed September 16, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,710 | $57,541+104.6% | $95,745+22.9% | $75,163+56.6% |
| Participation rate | 78.8% | 62.5%+16.3pp | 72.3%+6.6pp | 67.2%+11.7pp |
| Annual return | 12.32% | 34.93%-22.6pp | 28.35%-16.0pp | 160.62%-148.3pp |
| Employer contribution / active EE | $1,338 | $1,808-26.0% | $2,835-52.8% | $2,670-49.9% |
| Participant deferral / active EE | $6,781 | $3,074+120.6% | $4,245+59.8% | $4,125+64.4% |
| Admin fee / account holder | $27,378 | $4,099+568.0% | $5,678+382.2% | $5,651+384.5% |