Filed November 14, 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 | $91,789 | $93,571-1.9% | $135,903-32.5% | $75,163+22.1% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 10.79% | 30.90%-20.1pp | 68.23%-57.4pp | 160.62%-149.8pp |
| Employer contribution / active EE | $3,568 | $3,537+0.9% | $4,856-26.5% | $2,670+33.6% |
| Participant deferral / active EE | $6,872 | $6,404+7.3% | $7,758-11.4% | $4,125+66.6% |
| Admin fee / account holder | $44,031 | $6,975+531.2% | $10,762+309.1% | $5,651+679.2% |