Filed April 12, 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 | $132,349 | $121,341+9.1% | $189,513-30.2% | $79,386+66.7% |
| Participation rate | 92.8% | 86.1%+6.7pp | 87.8%+5.0pp | 70.7%+22.1pp |
| Annual return | 16.20% | 21.08%-4.9pp | 555.15%-539.0pp | 116.85%-100.7pp |
| Employer contribution / active EE | $1,525 | $3,915-61.0% | $6,162-75.2% | $2,427-37.2% |
| Participant deferral / active EE | $12,041 | $6,395+88.3% | $8,221+46.5% | $4,046+197.6% |
| Admin fee / account holder | $6,717 | $651+931.2% | $12,045-44.2% | $626+972.2% |