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 | $83,065 | $138,347-40.0% | $184,203-54.9% | $80,856+2.7% |
| Participation rate | 70.0% | 83.9%-13.9pp | 86.8%-16.8pp | 67.6%+2.4pp |
| Annual return | 8.75% | 20.02%-11.3pp | 28.81%-20.1pp | 35.59%-26.8pp |
| Employer contribution / active EE | $1,948 | $4,850-59.8% | $6,427-69.7% | $2,755-29.3% |
| Participant deferral / active EE | $4,034 | $7,071-43.0% | $9,131-55.8% | $4,296-6.1% |
| Admin fee / account holder | $9,758 | $10,483-6.9% | $13,901-29.8% | $6,918+41.1% |