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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,969 | $69,010+8.6% | $159,960-53.1% | $68,494+9.5% |
| Participation rate | 84.6% | 65.4%+19.2pp | 78.0%+6.7pp | 67.9%+16.7pp |
| Annual return | -16.84% | -9.65%-7.2pp | 408.60%-425.4pp | -7.84%-9.0pp |
| Employer contribution / active EE | $4,643 | $2,213+109.8% | $4,226+9.9% | $2,596+78.8% |
| Participant deferral / active EE | $0 | $4,212-100.0% | $6,182-100.0% | $4,027-100.0% |
| Admin fee / account holder | $12,983 | $4,798+170.6% | $8,698+49.3% | $5,403+140.3% |