Filed June 28, 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 | $97,542 | $146,267-33.3% | $197,124-50.5% | $82,448+18.3% |
| Participation rate | 82.3% | 84.0%-1.8pp | 86.7%-4.5pp | 68.1%+14.2pp |
| Annual return | 11.78% | 29.61%-17.8pp | 44.34%-32.6pp | 41.64%-29.9pp |
| Employer contribution / active EE | $2,731 | $4,723-42.2% | $6,227-56.1% | $2,551+7.1% |
| Participant deferral / active EE | $4,571 | $7,035-35.0% | $9,135-50.0% | $4,139+10.4% |
| Admin fee / account holder | $41,867 | $14,422+190.3% | $16,298+156.9% | $7,234+478.7% |