Filed March 14, 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 | $219,873 | $73,004+201.2% | $90,749+142.3% | $68,494+221.0% |
| Participation rate | 97.8% | 70.8%+26.9pp | 75.7%+22.1pp | 67.9%+29.9pp |
| Annual return | -21.95% | -13.81%-8.1pp | -12.16%-9.8pp | -7.84%-14.1pp |
| Employer contribution / active EE | $3,401 | $2,193+55.1% | $2,921+16.4% | $2,596+31.0% |
| Participant deferral / active EE | $9,246 | $3,627+154.9% | $4,564+102.6% | $4,027+129.6% |
| Admin fee / account holder | $21,139 | $5,896+258.5% | $8,445+150.3% | $5,403+291.3% |