Filed October 2, 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 8-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,565 | $83,477-89.7% | $125,175-93.2% | $72,985-88.3% |
| Participation rate | 80.7% | 73.3%+7.4pp | 79.8%+0.9pp | 69.5%+11.2pp |
| Annual return | 171.61% | 25.78%+145.8pp | 43.79%+127.8pp | 81.00%+90.6pp |
| Employer contribution / active EE | $453 | $2,345-80.7% | $3,865-88.3% | $2,440-81.4% |
| Participant deferral / active EE | $3,091 | $3,585-13.8% | $4,937-37.4% | $3,607-14.3% |
| Admin fee / account holder | $380 | $5,517-93.1% | $9,702-96.1% | $5,124-92.6% |