Filed January 17, 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 8-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 | $88,433 | $135,635-34.8% | $110,238-19.8% | $135,375-34.7% |
| Participation rate | 100.0% | 83.5%+16.5pp | 79.8%+20.2pp | 82.6%+17.4pp |
| Annual return | -8.83% | 513.19%-522.0pp | 314.74%-323.6pp | 519.73%-528.6pp |
| Employer contribution / active EE | $3,919 | $4,906-20.1% | $3,826+2.4% | $4,779-18.0% |
| Participant deferral / active EE | $8,171 | $5,506+48.4% | $4,672+74.9% | $5,609+45.7% |
| Admin fee / account holder | $1,572 | $11,457-86.3% | $8,547-81.6% | $10,827-85.5% |