Filed November 30, 2022
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 | $74,990 | $72,492+3.4% | $87,100-13.9% | $72,985+2.7% |
| Participation rate | 74.0% | 72.8%+1.2pp | 76.9%-2.8pp | 69.5%+4.5pp |
| Annual return | 6.52% | 24.46%-17.9pp | 28.19%-21.7pp | 81.00%-74.5pp |
| Employer contribution / active EE | $1,132 | $1,894-40.2% | $2,521-55.1% | $2,440-53.6% |
| Participant deferral / active EE | $2,885 | $3,270-11.8% | $4,049-28.7% | $3,607-20.0% |
| Admin fee / account holder | $2,500 | $5,055-50.5% | $7,497-66.7% | $5,124-51.2% |