Filed October 8, 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 9-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 | $75,315 | $45,863+64.2% | $77,024-2.2% | $68,494+10.0% |
| Participation rate | 85.4% | 55.9%+29.5pp | 67.9%+17.5pp | 67.9%+17.5pp |
| Annual return | -22.94% | 1.72%-24.7pp | 42.32%-65.3pp | -7.84%-15.1pp |
| Employer contribution / active EE | $4,234 | $1,650+156.7% | $2,812+50.6% | $2,596+63.1% |
| Participant deferral / active EE | $11,440 | $2,962+286.2% | $4,426+158.5% | $4,027+184.1% |
| Admin fee / account holder | $1,678 | $3,041-44.8% | $5,425-69.1% | $5,403-68.9% |