Filed May 26, 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 | $121,847 | $110,094+10.7% | $151,611-19.6% | $68,494+77.9% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -22.64% | -10.12%-12.5pp | 3.33%-26.0pp | -7.84%-14.8pp |
| Employer contribution / active EE | $3,464 | $4,471-22.5% | $6,166-43.8% | $2,596+33.4% |
| Participant deferral / active EE | $5,986 | $6,527-8.3% | $8,363-28.4% | $4,027+48.6% |
| Admin fee / account holder | $7,407 | $7,719-4.0% | $11,616-36.2% | $5,403+37.1% |