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 | $85,585 | $70,669+21.1% | $169,368-49.5% | $75,163+13.9% |
| Participation rate | 87.3% | 64.8%+22.5pp | 77.1%+10.2pp | 67.2%+20.1pp |
| Annual return | 16.09% | 36.36%-20.3pp | 405.60%-389.5pp | 160.62%-144.5pp |
| Employer contribution / active EE | $5,222 | $2,211+136.2% | $4,013+30.1% | $2,670+95.6% |
| Participant deferral / active EE | $0 | $4,311-100.0% | $6,221-100.0% | $4,125-100.0% |
| Admin fee / account holder | $11,257 | $5,402+108.4% | $9,003+25.0% | $5,651+99.2% |