Filed June 27, 2023
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 | $218,475 | $92,703+135.7% | $82,719+164.1% | $134,475+62.5% |
| Participation rate | 100.0% | 75.2%+24.8pp | 72.6%+27.4pp | 81.2%+18.8pp |
| Annual return | -21.20% | 944.92%-966.1pp | 701.18%-722.4pp | 417.96%-439.2pp |
| Employer contribution / active EE | $1,501 | $3,274-54.1% | $3,009-50.1% | $4,740-68.3% |
| Participant deferral / active EE | $10,442 | $4,802+117.4% | $4,395+137.6% | $6,400+63.2% |
| Admin fee / account holder | $30,411 | $5,983+408.3% | $5,329+470.7% | $11,426+166.2% |