Filed January 12, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $52,349 | $167,484-68.7% | $151,611-65.5% | $134,475-61.1% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.5%+12.5pp | 81.2%+18.8pp |
| Annual return | -13.85% | 7.80%-21.6pp | 3.33%-17.2pp | 417.96%-431.8pp |
| Employer contribution / active EE | $2,606 | $6,829-61.8% | $6,166-57.7% | $4,740-45.0% |
| Participant deferral / active EE | $1,908 | $8,986-78.8% | $8,363-77.2% | $6,400-70.2% |
| Admin fee / account holder | $679 | $13,783-95.1% | $11,616-94.2% | $11,426-94.1% |