Filed March 13, 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 3-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 | $65,979 | $81,446-19.0% | $103,374-36.2% | $80,874-18.4% |
| Participation rate | 98.7% | 66.9%+31.8pp | 74.5%+24.2pp | 67.6%+31.0pp |
| Annual return | -29.35% | 25.57%-54.9pp | 24.89%-54.2pp | 35.62%-65.0pp |
| Employer contribution / active EE | $35,003 | $3,107+1026.5% | $3,869+804.6% | $2,756+1170.2% |
| Participant deferral / active EE | $0 | $3,870-100.0% | $5,058-100.0% | $4,297-100.0% |
| Admin fee / account holder | $61,275 | $6,715+812.5% | $8,394+630.0% | $6,935+783.5% |