Filed August 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 | $103,804 | $89,355+16.2% | $141,162-26.5% | $72,985+42.2% |
| Participation rate | 89.7% | 75.1%+14.5pp | 82.5%+7.2pp | 69.5%+20.2pp |
| Annual return | 18.47% | 111.85%-93.4pp | 71.39%-52.9pp | 81.00%-62.5pp |
| Employer contribution / active EE | $2,381 | $3,114-23.5% | $4,735-49.7% | $2,440-2.4% |
| Participant deferral / active EE | $8,918 | $5,418+64.6% | $6,709+32.9% | $3,607+147.2% |
| Admin fee / account holder | $3,381 | $5,958-43.3% | $10,261-67.0% | $5,124-34.0% |