Filed September 19, 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 | $39,742 | $78,422-49.3% | $95,952-58.6% | $79,858-50.2% |
| Participation rate | 81.6% | 73.5%+8.1pp | 77.1%+4.5pp | 69.6%+11.9pp |
| Annual return | 9.65% | 19.37%-9.7pp | 91.61%-82.0pp | 31.71%-22.1pp |
| Employer contribution / active EE | $2,953 | $1,945+51.8% | $2,541+16.2% | $2,471+19.5% |
| Participant deferral / active EE | $4,266 | $3,440+24.0% | $4,167+2.4% | $3,740+14.1% |
| Admin fee / account holder | $11,714 | $5,622+108.4% | $6,795+72.4% | $5,306+120.8% |