Filed February 4, 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 | $66,406 | $49,173+35.0% | $121,098-45.2% | $75,163-11.7% |
| Participation rate | 100.0% | 55.4%+44.6pp | 69.5%+30.5pp | 67.2%+32.8pp |
| Annual return | 13.02% | 55.99%-43.0pp | 985.75%-972.7pp | 160.62%-147.6pp |
| Employer contribution / active EE | $2,606 | $1,546+68.6% | $4,164-37.4% | $2,670-2.4% |
| Participant deferral / active EE | $5,474 | $2,628+108.3% | $4,080+34.2% | $4,125+32.7% |
| Admin fee / account holder | $5,793 | $3,942+47.0% | $5,644+2.6% | $5,651+2.5% |