Filed March 4, 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 | $188,315 | $73,787+155.2% | $98,716+90.8% | $82,448+128.4% |
| Participation rate | 100.0% | 61.4%+38.6pp | 69.3%+30.7pp | 68.1%+31.9pp |
| Annual return | 9.43% | 18.57%-9.1pp | 31.81%-22.4pp | 41.64%-32.2pp |
| Employer contribution / active EE | $5,225 | $1,511+245.7% | $2,279+129.3% | $2,551+104.8% |
| Participant deferral / active EE | $4,434 | $3,081+43.9% | $4,048+9.6% | $4,139+7.1% |
| Admin fee / account holder | $4,293 | $6,500-34.0% | $8,703-50.7% | $7,234-40.7% |