Filed May 3, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,483 | $153,772-89.3% | $133,980-87.7% | $273,961-94.0% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.1%+12.9pp | 83.0%+17.0pp |
| Annual return | 28.28% | 36.51%-8.2pp | 29.30%-1.0pp | 41.45%-13.2pp |
| Employer contribution / active EE | $3,277 | $6,029-45.7% | $5,211-37.1% | $4,869-32.7% |
| Participant deferral / active EE | $3,874 | $6,958-44.3% | $6,282-38.3% | $5,287-26.7% |
| Admin fee / account holder | $388 | $11,765-96.7% | $9,324-95.8% | $10,132-96.2% |