Filed December 17, 2020
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 7-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 | $20,814 | $57,354-63.7% | $83,848-75.2% | $64,186-67.6% |
| Participation rate | 79.5% | 68.6%+10.9pp | 76.1%+3.4pp | 69.6%+10.0pp |
| Annual return | -9.81% | 11.38%-21.2pp | 850.88%-860.7pp | 7.63%-17.4pp |
| Employer contribution / active EE | $5,859 | $2,545+130.2% | $3,631+61.4% | $2,381+146.1% |
| Participant deferral / active EE | $3,292 | $2,993+10.0% | $4,082-19.3% | $3,470-5.1% |
| Admin fee / account holder | $2,352 | $4,046-41.9% | $5,478-57.1% | $4,888-51.9% |