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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,910 | $160,055-71.9% | $140,016-67.9% | $135,375-66.8% |
| Participation rate | 71.4% | 88.5%-17.1pp | 87.5%-16.1pp | 82.6%-11.2pp |
| Annual return | 9.80% | 911.38%-901.6pp | 651.12%-641.3pp | 519.73%-509.9pp |
| Employer contribution / active EE | $582 | $6,420-90.9% | $5,606-89.6% | $4,779-87.8% |
| Participant deferral / active EE | $3,726 | $7,642-51.2% | $6,927-46.2% | $5,609-33.6% |
| Admin fee / account holder | $7,273 | $13,328-45.4% | $10,705-32.1% | $10,827-32.8% |