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 | $213,260 | $102,317+108.4% | $146,958+45.1% | $80,856+163.8% |
| Participation rate | 87.7% | 75.8%+11.8pp | 82.2%+5.5pp | 67.6%+20.0pp |
| Annual return | -3.39% | 134.76%-138.1pp | 418.34%-421.7pp | 35.59%-39.0pp |
| Employer contribution / active EE | $14,267 | $3,713+284.2% | $4,933+189.2% | $2,755+417.9% |
| Participant deferral / active EE | $0 | $6,644-100.0% | $8,070-100.0% | $4,296-100.0% |
| Admin fee / account holder | $4,169 | $7,941-47.5% | $12,998-67.9% | $6,918-39.7% |