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 | $73,819 | $125,758-41.3% | $169,993-56.6% | $75,163-1.8% |
| Participation rate | 82.1% | 83.6%-1.4pp | 87.0%-4.9pp | 67.2%+15.0pp |
| Annual return | 8.38% | 27.20%-18.8pp | 53.37%-45.0pp | 160.62%-152.2pp |
| Employer contribution / active EE | $3,779 | $4,615-18.1% | $6,785-44.3% | $2,670+41.5% |
| Participant deferral / active EE | $4,491 | $6,837-34.3% | $10,408-56.8% | $4,125+8.9% |
| Admin fee / account holder | $22,934 | $8,173+180.6% | $12,815+79.0% | $5,651+305.8% |