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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $42,608 | $137,414-69.0% | $189,513-77.5% | $85,850-50.4% |
| Participation rate | 79.4% | 84.6%-5.2pp | 87.8%-8.4pp | 69.3%+10.1pp |
| Annual return | 21.62% | 38.14%-16.5pp | 555.15%-533.5pp | 318.53%-296.9pp |
| Employer contribution / active EE | $418 | $4,344-90.4% | $6,162-93.2% | $2,565-83.7% |
| Participant deferral / active EE | $2,614 | $6,260-58.2% | $8,221-68.2% | $3,952-33.9% |
| Admin fee / account holder | $3,995 | $8,630-53.7% | $12,045-66.8% | $6,260-36.2% |