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 | $104,071 | $102,317+1.7% | $146,958-29.2% | $80,856+28.7% |
| Participation rate | 98.1% | 75.8%+22.3pp | 82.2%+16.0pp | 67.6%+30.5pp |
| Annual return | 8.18% | 134.76%-126.6pp | 418.34%-410.2pp | 35.59%-27.4pp |
| Employer contribution / active EE | $2,806 | $3,713-24.4% | $4,933-43.1% | $2,755+1.9% |
| Participant deferral / active EE | $4,683 | $6,644-29.5% | $8,070-42.0% | $4,296+9.0% |
| Admin fee / account holder | $2,841 | $7,941-64.2% | $12,998-78.1% | $6,918-58.9% |