Filed February 1, 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 | $43,177 | $209,832-79.4% | $189,513-77.2% | $167,490-74.2% |
| Participation rate | 100.0% | 88.7%+11.3pp | 87.8%+12.2pp | 82.1%+17.9pp |
| Annual return | 7.58% | 748.27%-740.7pp | 555.15%-547.6pp | 478.56%-471.0pp |
| Employer contribution / active EE | $2,339 | $6,914-66.2% | $6,162-62.0% | $4,837-51.7% |
| Participant deferral / active EE | $4,035 | $8,935-54.8% | $8,221-50.9% | $6,341-36.4% |
| Admin fee / account holder | $23,563 | $14,293+64.9% | $12,045+95.6% | $12,309+91.4% |