Filed December 14, 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 | $228,078 | $83,477+173.2% | $125,175+82.2% | $72,985+212.5% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.5%+30.5pp |
| Annual return | 5.01% | 25.78%-20.8pp | 43.79%-38.8pp | 81.00%-76.0pp |
| Employer contribution / active EE | $10,664 | $2,345+354.7% | $3,865+175.9% | $2,440+337.1% |
| Participant deferral / active EE | $3,612 | $3,585+0.7% | $4,937-26.8% | $3,607+0.1% |
| Admin fee / account holder | $14,704 | $5,517+166.5% | $9,702+51.6% | $5,124+187.0% |