Filed September 10, 2021
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,303 | $109,359+10.9% | $162,163-25.2% | $72,985+66.2% |
| Participation rate | 83.0% | 84.3%-1.2pp | 87.6%-4.5pp | 69.5%+13.5pp |
| Annual return | 22.20% | 25.46%-3.3pp | 115.59%-93.4pp | 81.00%-58.8pp |
| Employer contribution / active EE | $0 | $3,907-100.0% | $5,614-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $5,324 | $5,481-2.9% | $7,298-27.0% | $3,607+47.6% |
| Admin fee / account holder | $834 | $7,972-89.5% | $10,843-92.3% | $5,124-83.7% |