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.
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 | $17,178 | $91,552-81.2% | $133,956-87.2% | $79,858-78.5% |
| Participation rate | 83.0% | 73.3%+9.6pp | 79.8%+3.1pp | 69.6%+13.3pp |
| Annual return | 74.25% | 61.85%+12.4pp | 45.09%+29.2pp | 31.71%+42.5pp |
| Employer contribution / active EE | $842 | $2,384-64.7% | $3,919-78.5% | $2,471-65.9% |
| Participant deferral / active EE | $3,953 | $3,733+5.9% | $5,048-21.7% | $3,740+5.7% |
| Admin fee / account holder | $1,237 | $6,321-80.4% | $8,927-86.1% | $5,306-76.7% |