Filed March 29, 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 | $208,774 | $72,388+188.4% | $111,392+87.4% | $64,186+225.3% |
| Participation rate | 97.4% | 70.5%+26.9pp | 78.9%+18.5pp | 69.6%+27.8pp |
| Annual return | -9.94% | -1.50%-8.4pp | -2.06%-7.9pp | 7.63%-17.6pp |
| Employer contribution / active EE | $11,686 | $3,000+289.6% | $4,328+170.0% | $2,381+390.8% |
| Participant deferral / active EE | $7,002 | $4,241+65.1% | $5,567+25.8% | $3,470+101.8% |
| Admin fee / account holder | $6,394 | $5,719+11.8% | $12,266-47.9% | $4,888+30.8% |