Filed October 14, 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 | $33,683 | $101,499-66.8% | $147,005-77.1% | $74,546-54.8% |
| Participation rate | 90.6% | 75.5%+15.0pp | 82.2%+8.4pp | 67.2%+23.4pp |
| Annual return | 10.97% | 8732.34%-8721.4pp | 418.76%-407.8pp | 1366.03%-1355.1pp |
| Employer contribution / active EE | $2,048 | $3,811-46.3% | $4,934-58.5% | $2,624-21.9% |
| Participant deferral / active EE | $3,787 | $7,304-48.1% | $8,070-53.1% | $4,347-12.9% |
| Admin fee / account holder | $3,134 | $1,748+79.3% | $13,006-75.9% | $1,944+61.3% |