Filed November 27, 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 | $62,551 | $58,577+6.8% | $83,333-24.9% | $64,186-2.5% |
| Participation rate | 98.5% | 72.0%+26.5pp | 77.8%+20.7pp | 69.6%+28.9pp |
| Annual return | -8.44% | 9.65%-18.1pp | 10.63%-19.1pp | 7.63%-16.1pp |
| Employer contribution / active EE | $10,451 | $2,098+398.1% | $3,379+209.3% | $2,381+339.0% |
| Participant deferral / active EE | $10,527 | $4,654+126.2% | $5,565+89.2% | $3,470+203.4% |
| Admin fee / account holder | $3,601 | $9,275-61.2% | $7,510-52.1% | $4,888-26.3% |