Filed January 5, 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 | $51,782 | $98,240-47.3% | $82,313-37.1% | $147,584-64.9% |
| Participation rate | 71.4% | 79.7%-8.3pp | 76.9%-5.5pp | 82.8%-11.4pp |
| Annual return | 6.25% | 30.85%-24.6pp | 25.88%-19.6pp | 578.55%-572.3pp |
| Employer contribution / active EE | $4,553 | $3,192+42.6% | $2,428+87.5% | $4,876-6.6% |
| Participant deferral / active EE | $4,495 | $4,383+2.5% | $3,706+21.3% | $5,439-17.4% |
| Admin fee / account holder | $32,185 | $8,563+275.9% | $5,608+473.9% | $10,885+195.7% |