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 | $102,932 | $80,968+27.1% | $96,544+6.6% | $75,163+36.9% |
| Participation rate | 73.8% | 71.8%+2.1pp | 76.0%-2.1pp | 67.2%+6.7pp |
| Annual return | 11.16% | 27.06%-15.9pp | 25.84%-14.7pp | 160.62%-149.5pp |
| Employer contribution / active EE | $1,359 | $2,282-40.4% | $2,965-54.2% | $2,670-49.1% |
| Participant deferral / active EE | $4,157 | $3,928+5.8% | $4,851-14.3% | $4,125+0.8% |
| Admin fee / account holder | $18,146 | $6,724+169.9% | $8,252+119.9% | $5,651+221.1% |