Filed May 31, 2022
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,287 | $54,350+148.9% | $82,719+63.6% | $68,494+97.5% |
| Participation rate | 100.0% | 63.9%+36.1pp | 72.6%+27.4pp | 67.9%+32.1pp |
| Annual return | -23.70% | -13.67%-10.0pp | 701.18%-724.9pp | -7.84%-15.9pp |
| Employer contribution / active EE | $3,221 | $2,218+45.2% | $3,009+7.0% | $2,596+24.0% |
| Participant deferral / active EE | $4,430 | $3,246+36.5% | $4,395+0.8% | $4,027+10.0% |
| Admin fee / account holder | $12,490 | $4,395+184.2% | $5,329+134.4% | $5,403+131.2% |