Filed November 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.
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 | $21,036 | $60,124-65.0% | $90,404-76.7% | $79,858-73.7% |
| Participation rate | 78.4% | 65.0%+13.4pp | 72.7%+5.7pp | 69.6%+8.7pp |
| Annual return | -5.84% | 71.94%-77.8pp | 1293.02%-1298.9pp | 31.71%-37.6pp |
| Employer contribution / active EE | $814 | $2,068-60.6% | $3,262-75.1% | $2,471-67.1% |
| Participant deferral / active EE | $1,747 | $2,938-40.5% | $3,963-55.9% | $3,740-53.3% |
| Admin fee / account holder | $354 | $3,976-91.1% | $5,611-93.7% | $5,306-93.3% |