Filed March 31, 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 | $17,929 | $45,035-60.2% | $62,995-71.5% | $70,131-74.4% |
| Participation rate | 100.0% | 69.5%+30.5pp | 74.8%+25.2pp | 69.5%+30.5pp |
| Annual return | -9.37% | 18.76%-28.1pp | 87.57%-96.9pp | 73.14%-82.5pp |
| Employer contribution / active EE | $5,203 | $2,051+153.6% | $2,759+88.6% | $2,342+122.1% |
| Participant deferral / active EE | $2,071 | $2,465-16.0% | $3,329-37.8% | $3,332-37.9% |
| Admin fee / account holder | $2,635 | $2,834-7.0% | $3,600-26.8% | $4,645-43.3% |