Filed October 3, 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 | $206,486 | $81,900+152.1% | $119,609+72.6% | $68,494+201.5% |
| Participation rate | 85.7% | 71.9%+13.8pp | 79.3%+6.5pp | 67.9%+17.8pp |
| Annual return | -20.36% | -23.82%+3.5pp | -14.97%-5.4pp | -7.84%-12.5pp |
| Employer contribution / active EE | $4,903 | $2,693+82.1% | $4,232+15.9% | $2,596+88.9% |
| Participant deferral / active EE | $10,456 | $4,148+152.1% | $5,602+86.6% | $4,027+159.6% |
| Admin fee / account holder | $21,998 | $6,582+234.2% | $10,323+113.1% | $5,403+307.2% |