Filed April 11, 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 | $231,070 | $95,803+141.2% | $113,168+104.2% | $84,808+172.5% |
| Participation rate | 88.9% | 72.9%+16.0pp | 76.6%+12.3pp | 68.3%+20.6pp |
| Annual return | 12.18% | 25.00%-12.8pp | 24.27%-12.1pp | 40.90%-28.7pp |
| Employer contribution / active EE | $4,566 | $2,360+93.5% | $2,975+53.5% | $2,631+73.6% |
| Participant deferral / active EE | $6,891 | $4,242+62.5% | $5,107+34.9% | $4,212+63.6% |
| Admin fee / account holder | $5,735 | $8,989-36.2% | $12,068-52.5% | $7,344-21.9% |