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 | $59,819 | $137,414-56.5% | $189,513-68.4% | $85,850-30.3% |
| Participation rate | 89.7% | 84.6%+5.0pp | 87.8%+1.8pp | 69.3%+20.3pp |
| Annual return | 8.86% | 38.14%-29.3pp | 555.15%-546.3pp | 318.53%-309.7pp |
| Employer contribution / active EE | $5,542 | $4,344+27.6% | $6,162-10.0% | $2,565+116.1% |
| Participant deferral / active EE | $3,792 | $6,260-39.4% | $8,221-53.9% | $3,952-4.0% |
| Admin fee / account holder | $6,376 | $8,630-26.1% | $12,045-47.1% | $6,260+1.9% |