Filed August 9, 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 | $166,300 | $57,281+190.3% | $86,612+92.0% | $75,163+121.3% |
| Participation rate | 100.0% | 63.2%+36.8pp | 71.7%+28.3pp | 67.2%+32.8pp |
| Annual return | 12.54% | 2670.75%-2658.2pp | 591.07%-578.5pp | 160.62%-148.1pp |
| Employer contribution / active EE | $18,806 | $2,314+712.5% | $3,022+522.2% | $2,670+604.4% |
| Participant deferral / active EE | $10,026 | $3,318+202.2% | $4,438+125.9% | $4,125+143.1% |
| Admin fee / account holder | $14,421 | $4,112+250.7% | $5,614+156.9% | $5,651+155.2% |