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 | $113,010 | $98,750+14.4% | $149,696-24.5% | $79,858+41.5% |
| Participation rate | 90.0% | 75.8%+14.2pp | 82.5%+7.5pp | 69.6%+20.4pp |
| Annual return | 8.93% | 27.43%-18.5pp | 276.60%-267.7pp | 31.71%-22.8pp |
| Employer contribution / active EE | $2,424 | $3,216-24.6% | $4,644-47.8% | $2,471-1.9% |
| Participant deferral / active EE | $8,782 | $5,680+54.6% | $6,842+28.4% | $3,740+134.8% |
| Admin fee / account holder | $2,917 | $6,053-51.8% | $9,309-68.7% | $5,306-45.0% |