Filed January 30, 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 | $125,515 | $81,460+54.1% | $103,333+21.5% | $80,856+55.2% |
| Participation rate | 90.7% | 66.8%+23.8pp | 74.5%+16.2pp | 67.6%+23.0pp |
| Annual return | 9.85% | 25.55%-15.7pp | 24.88%-15.0pp | 35.59%-25.7pp |
| Employer contribution / active EE | $4,528 | $3,105+45.8% | $3,868+17.1% | $2,755+64.3% |
| Participant deferral / active EE | $7,414 | $3,869+91.6% | $5,057+46.6% | $4,296+72.6% |
| Admin fee / account holder | $25,208 | $6,566+283.9% | $8,355+201.7% | $6,918+264.4% |