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 | $249,600 | $91,552+172.6% | $133,956+86.3% | $79,858+212.6% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | 3.07% | 61.85%-58.8pp | 45.09%-42.0pp | 31.71%-28.6pp |
| Employer contribution / active EE | $12,354 | $2,384+418.3% | $3,919+215.3% | $2,471+400.0% |
| Participant deferral / active EE | $3,469 | $3,733-7.1% | $5,048-31.3% | $3,740-7.3% |
| Admin fee / account holder | $11,451 | $6,321+81.2% | $8,927+28.3% | $5,306+115.8% |