Filed October 6, 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 | $135,019 | $64,839+108.2% | $95,585+41.3% | $84,808+59.2% |
| Participation rate | 100.0% | 63.8%+36.2pp | 72.1%+27.9pp | 68.3%+31.7pp |
| Annual return | 12.95% | -670.96%+683.9pp | 38.56%-25.6pp | 40.90%-27.9pp |
| Employer contribution / active EE | $2,338 | $1,759+32.9% | $2,527-7.5% | $2,631-11.1% |
| Participant deferral / active EE | $3,884 | $2,965+31.0% | $4,023-3.4% | $4,212-7.8% |
| Admin fee / account holder | $2,151 | $5,964-63.9% | $6,127-64.9% | $7,344-70.7% |