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 | $148,978-34.5% | $200,582-51.4% | $84,808+15.0% |
| Participation rate | 82.3% | 84.2%-2.0pp | 86.9%-4.6pp | 68.3%+13.9pp |
| Annual return | 11.78% | 28.16%-16.4pp | 42.33%-30.6pp | 40.90%-29.1pp |
| Employer contribution / active EE | $2,731 | $4,815-43.3% | $6,419-57.4% | $2,631+3.8% |
| Participant deferral / active EE | $4,571 | $7,142-36.0% | $9,331-51.0% | $4,212+8.5% |
| Admin fee / account holder | $41,867 | $13,977+199.5% | $16,305+156.8% | $7,344+470.1% |