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 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 | $64,469 | $100,041-35.6% | $149,718-56.9% | $70,131-8.1% |
| Participation rate | 88.5% | 83.6%+4.9pp | 87.1%+1.4pp | 69.5%+18.9pp |
| Annual return | 6.88% | 27.43%-20.5pp | 1501.63%-1494.7pp | 73.14%-66.3pp |
| Employer contribution / active EE | $4,577 | $3,662+25.0% | $5,445-15.9% | $2,342+95.4% |
| Participant deferral / active EE | $2,661 | $4,983-46.6% | $6,569-59.5% | $3,332-20.1% |
| Admin fee / account holder | $10,277 | $8,286+24.0% | $11,283-8.9% | $4,645+121.2% |