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 | $184,192 | $54,705+236.7% | $71,209+158.7% | $84,808+117.2% |
| Participation rate | 100.0% | 64.1%+35.9pp | 73.8%+26.2pp | 68.3%+31.7pp |
| Annual return | 9.34% | 35.90%-26.6pp | 282.51%-273.2pp | 40.90%-31.6pp |
| Employer contribution / active EE | $2,935 | $2,158+36.0% | $2,721+7.9% | $2,631+11.6% |
| Participant deferral / active EE | $4,348 | $3,030+43.5% | $4,175+4.1% | $4,212+3.2% |
| Admin fee / account holder | $17,141 | $4,863+252.4% | $5,349+220.5% | $7,344+133.4% |