Filed February 17, 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 9-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.
Participant 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,011 | $183,963-47.3% | $162,163-40.2% | $152,861-36.5% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.4%+17.6pp |
| Annual return | 5.96% | 150.76%-144.8pp | 115.59%-109.6pp | 345.32%-339.4pp |
| Employer contribution / active EE | $2,893 | $6,371-54.6% | $5,614-48.5% | $4,762-39.3% |
| Participant deferral / active EE | $2,544 | $8,034-68.3% | $7,298-65.1% | $5,850-56.5% |
| Admin fee / account holder | $1,284 | $13,121-90.2% | $10,843-88.2% | $11,596-88.9% |