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.
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 | $61,952 | $125,758-50.7% | $169,993-63.6% | $75,163-17.6% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.0%+13.0pp | 67.2%+32.8pp |
| Annual return | 13.55% | 27.20%-13.7pp | 53.37%-39.8pp | 160.62%-147.1pp |
| Employer contribution / active EE | $7,232 | $4,615+56.7% | $6,785+6.6% | $2,670+170.9% |
| Participant deferral / active EE | $5,800 | $6,837-15.2% | $10,408-44.3% | $4,125+40.6% |
| Admin fee / account holder | $20,507 | $8,173+150.9% | $12,815+60.0% | $5,651+262.9% |