Filed July 10, 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.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $270,674 | $102,828+163.2% | $105,387+156.8% | $152,861+77.1% |
| Participation rate | 90.0% | 83.8%+6.2pp | 82.6%+7.4pp | 82.4%+7.6pp |
| Annual return | 5.53% | 20.85%-15.3pp | 26.82%-21.3pp | 345.32%-339.8pp |
| Employer contribution / active EE | $10,847 | $4,473+142.5% | $4,213+157.5% | $4,762+127.8% |
| Participant deferral / active EE | $10,306 | $5,465+88.6% | $5,502+87.3% | $5,850+76.2% |
| Admin fee / account holder | $7,156 | $8,683-17.6% | $6,559+9.1% | $11,596-38.3% |