Filed February 7, 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 | $85,860 | $99,640-13.8% | $86,436-0.7% | $134,475-36.2% |
| Participation rate | 100.0% | 82.0%+18.0pp | 80.3%+19.7pp | 81.2%+18.8pp |
| Annual return | -21.08% | 6782.58%-6803.7pp | 4394.89%-4416.0pp | 417.96%-439.0pp |
| Employer contribution / active EE | $4,503 | $4,400+2.3% | $3,769+19.5% | $4,740-5.0% |
| Participant deferral / active EE | $13,300 | $7,246+83.5% | $6,952+91.3% | $6,400+107.8% |
| Admin fee / account holder | $1,733 | $8,371-79.3% | $6,731-74.3% | $11,426-84.8% |