Filed November 20, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,308 | $65,395+22.8% | $182,532-56.0% | $72,985+10.0% |
| Participation rate | 93.4% | 65.4%+28.0pp | 78.0%+15.4pp | 69.5%+23.9pp |
| Annual return | 17.97% | 27.68%-9.7pp | 148.54%-130.6pp | 81.00%-63.0pp |
| Employer contribution / active EE | $4,504 | $1,911+135.7% | $4,076+10.5% | $2,440+84.6% |
| Participant deferral / active EE | $0 | $3,563-100.0% | $5,524-100.0% | $3,607-100.0% |
| Admin fee / account holder | $10,478 | $4,245+146.8% | $8,592+21.9% | $5,124+104.5% |