Filed December 22, 2020
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 6-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,216 | $105,181-32.3% | $159,436-55.3% | $85,850-17.0% |
| Participation rate | 79.7% | 75.8%+3.9pp | 82.8%-3.2pp | 69.3%+10.3pp |
| Annual return | 6.42% | 45.07%-38.7pp | 263.57%-257.2pp | 318.53%-312.1pp |
| Employer contribution / active EE | $17,297 | $3,318+421.3% | $4,829+258.2% | $2,565+574.3% |
| Participant deferral / active EE | $0 | $5,945-100.0% | $7,352-100.0% | $3,952-100.0% |
| Admin fee / account holder | $6,063 | $6,933-12.6% | $10,799-43.9% | $6,260-3.1% |