Filed March 2, 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 | $182,475 | $217,402-16.1% | $185,823-1.8% | $167,490+8.9% |
| Participation rate | 100.0% | 86.0%+14.0pp | 81.7%+18.3pp | 82.1%+17.9pp |
| Annual return | 8.71% | 148.36%-139.7pp | 122.05%-113.3pp | 478.56%-469.9pp |
| Employer contribution / active EE | $3,729 | $5,873-36.5% | $5,167-27.8% | $4,837-22.9% |
| Participant deferral / active EE | $8,380 | $6,356+31.8% | $5,568+50.5% | $6,341+32.1% |
| Admin fee / account holder | $495,692 | $19,811+2402.1% | $16,237+2952.8% | $12,309+3927.1% |