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 | $89,257 | $148,978-40.1% | $200,582-55.5% | $84,808+5.2% |
| Participation rate | 70.4% | 84.2%-13.9pp | 86.9%-16.5pp | 68.3%+2.1pp |
| Annual return | 15.61% | 28.16%-12.5pp | 42.33%-26.7pp | 40.90%-25.3pp |
| Employer contribution / active EE | $1,119 | $4,815-76.8% | $6,419-82.6% | $2,631-57.5% |
| Participant deferral / active EE | $3,880 | $7,142-45.7% | $9,331-58.4% | $4,212-7.9% |
| Admin fee / account holder | $1,936 | $13,977-86.1% | $16,305-88.1% | $7,344-73.6% |