Filed March 31, 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 | $19,857 | $48,364-58.9% | $71,796-72.3% | $62,891-68.4% |
| Participation rate | 73.0% | 60.6%+12.3pp | 69.1%+3.9pp | 69.3%+3.7pp |
| Annual return | 4.48% | 13.16%-8.7pp | 78.04%-73.6pp | 20.14%-15.7pp |
| Employer contribution / active EE | $1,421 | $1,042+36.4% | $1,924-26.2% | $2,281-37.7% |
| Participant deferral / active EE | $2,352 | $2,091+12.5% | $2,794-15.8% | $3,203-26.6% |
| Admin fee / account holder | $2,726 | $3,771-27.7% | $4,815-43.4% | $4,296-36.5% |