Filed September 28, 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 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.
Employer 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 | $40,850 | $100,041-59.2% | $149,718-72.7% | $70,131-41.8% |
| Participation rate | 76.0% | 83.6%-7.6pp | 87.1%-11.1pp | 69.5%+6.5pp |
| Annual return | 10.41% | 27.43%-17.0pp | 1501.63%-1491.2pp | 73.14%-62.7pp |
| Employer contribution / active EE | $464 | $3,662-87.3% | $5,445-91.5% | $2,342-80.2% |
| Participant deferral / active EE | $3,042 | $4,983-38.9% | $6,569-53.7% | $3,332-8.7% |
| Admin fee / account holder | $3,715 | $8,286-55.2% | $11,283-67.1% | $4,645-20.0% |