Filed October 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,218 | $94,529-64.9% | $140,016-76.3% | $64,186-48.2% |
| Participation rate | 92.7% | 84.1%+8.6pp | 87.5%+5.2pp | 69.6%+23.1pp |
| Annual return | -7.11% | 7.77%-14.9pp | 651.12%-658.2pp | 7.63%-14.7pp |
| Employer contribution / active EE | $2,348 | $3,812-38.4% | $5,606-58.1% | $2,381-1.4% |
| Participant deferral / active EE | $1,862 | $5,250-64.5% | $6,927-73.1% | $3,470-46.3% |
| Admin fee / account holder | $686 | $6,741-89.8% | $10,705-93.6% | $4,888-86.0% |