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 | $72,025 | $148,978-51.7% | $200,582-64.1% | $84,808-15.1% |
| Participation rate | 78.8% | 84.2%-5.4pp | 86.9%-8.1pp | 68.3%+10.5pp |
| Annual return | 12.57% | 28.16%-15.6pp | 42.33%-29.8pp | 40.90%-28.3pp |
| Employer contribution / active EE | $2,454 | $4,815-49.0% | $6,419-61.8% | $2,631-6.7% |
| Participant deferral / active EE | $4,400 | $7,142-38.4% | $9,331-52.8% | $4,212+4.5% |
| Admin fee / account holder | $10,514 | $13,977-24.8% | $16,305-35.5% | $7,344+43.2% |