Filed October 18, 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 | $54,829 | $72,177-24.0% | $115,037-52.3% | $59,632-8.1% |
| Participation rate | 74.3% | 72.6%+1.7pp | 81.4%-7.1pp | 68.7%+5.6pp |
| Annual return | -3.12% | 12.02%-15.1pp | 26.14%-29.3pp | 2041.28%-2044.4pp |
| Employer contribution / active EE | $1,333 | $2,841-53.1% | $4,608-71.1% | $2,203-39.5% |
| Participant deferral / active EE | $5,058 | $4,783+5.7% | $6,026-16.1% | $3,192+58.5% |
| Admin fee / account holder | $544 | $4,927-89.0% | $8,175-93.3% | $4,297-87.3% |