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 | $64,182 | $109,359-41.3% | $162,163-60.4% | $72,985-12.1% |
| Participation rate | 75.9% | 84.3%-8.4pp | 87.6%-11.7pp | 69.5%+6.4pp |
| Annual return | 10.19% | 25.46%-15.3pp | 115.59%-105.4pp | 81.00%-70.8pp |
| Employer contribution / active EE | $4,570 | $3,907+17.0% | $5,614-18.6% | $2,440+87.3% |
| Participant deferral / active EE | $3,277 | $5,481-40.2% | $7,298-55.1% | $3,607-9.2% |
| Admin fee / account holder | $2,940 | $7,972-63.1% | $10,843-72.9% | $5,124-42.6% |