Filed August 19, 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 | $89,488 | $80,968+10.5% | $96,544-7.3% | $75,163+19.1% |
| Participation rate | 79.7% | 71.8%+7.9pp | 76.0%+3.7pp | 67.2%+12.5pp |
| Annual return | 6.73% | 27.06%-20.3pp | 25.84%-19.1pp | 160.62%-153.9pp |
| Employer contribution / active EE | $1,737 | $2,282-23.9% | $2,965-41.4% | $2,670-34.9% |
| Participant deferral / active EE | $5,242 | $3,928+33.5% | $4,851+8.1% | $4,125+27.1% |
| Admin fee / account holder | $8,437 | $6,724+25.5% | $8,252+2.2% | $5,651+49.3% |