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 | $52,551 | $185,822-71.7% | $169,993-69.1% | $139,434-62.3% |
| Participation rate | 91.7% | 87.8%+3.9pp | 87.0%+4.7pp | 80.3%+11.3pp |
| Annual return | 10.13% | 60.50%-50.4pp | 53.37%-43.2pp | 372.94%-362.8pp |
| Employer contribution / active EE | $2,615 | $7,590-65.5% | $6,785-61.5% | $4,751-45.0% |
| Participant deferral / active EE | $3,131 | $11,622-73.1% | $10,408-69.9% | $6,710-53.3% |
| Admin fee / account holder | $2,039 | $15,381-86.7% | $12,815-84.1% | $11,403-82.1% |