Filed March 28, 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 | $107,766 | $137,414-21.6% | $189,513-43.1% | $85,850+25.5% |
| Participation rate | 72.0% | 84.6%-12.6pp | 87.8%-15.8pp | 69.3%+2.7pp |
| Annual return | 10.67% | 38.14%-27.5pp | 555.15%-544.5pp | 318.53%-307.9pp |
| Employer contribution / active EE | $3,515 | $4,344-19.1% | $6,162-42.9% | $2,565+37.0% |
| Participant deferral / active EE | $4,272 | $6,260-31.8% | $8,221-48.0% | $3,952+8.1% |
| Admin fee / account holder | $12,994 | $8,630+50.6% | $12,045+7.9% | $6,260+107.6% |