Filed December 18, 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 | $110,078 | $64,707+70.1% | $112,228-1.9% | $68,494+60.7% |
| Participation rate | 79.2% | 67.2%+12.1pp | 75.1%+4.2pp | 67.9%+11.4pp |
| Annual return | -21.45% | -11.40%-10.1pp | 27.45%-48.9pp | -7.84%-13.6pp |
| Employer contribution / active EE | $3,091 | $2,746+12.6% | $3,635-15.0% | $2,596+19.1% |
| Participant deferral / active EE | $8,014 | $3,565+124.8% | $4,728+69.5% | $4,027+99.0% |
| Admin fee / account holder | $1,521 | $5,232-70.9% | $6,410-76.3% | $5,403-71.8% |