Filed September 27, 2022
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 | $46,134 | $110,094-58.1% | $151,611-69.6% | $68,494-32.6% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -18.91% | -10.12%-8.8pp | 3.33%-22.2pp | -7.84%-11.1pp |
| Employer contribution / active EE | $5,318 | $4,471+19.0% | $6,166-13.8% | $2,596+104.8% |
| Participant deferral / active EE | $13,001 | $6,527+99.2% | $8,363+55.5% | $4,027+222.8% |
| Admin fee / account holder | $6,139 | $7,719-20.5% | $11,616-47.2% | $5,403+13.6% |