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 | $148,935 | $123,793+20.3% | $177,821-16.2% | $79,858+86.5% |
| Participation rate | 84.3% | 84.7%-0.3pp | 87.7%-3.4pp | 69.6%+14.7pp |
| Annual return | 16.52% | 22.82%-6.3pp | 48.32%-31.8pp | 31.71%-15.2pp |
| Employer contribution / active EE | $0 | $4,095-100.0% | $5,918-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $6,244 | $5,956+4.8% | $7,714-19.1% | $3,740+67.0% |
| Admin fee / account holder | $8,276 | $7,243+14.3% | $12,427-33.4% | $5,306+56.0% |