Filed August 19, 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 8-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 | $14,809 | $89,355-83.4% | $141,162-89.5% | $72,985-79.7% |
| Participation rate | 95.0% | 75.1%+19.9pp | 82.5%+12.5pp | 69.5%+25.5pp |
| Annual return | 74.81% | 111.85%-37.0pp | 71.39%+3.4pp | 81.00%-6.2pp |
| Employer contribution / active EE | $4,856 | $3,114+55.9% | $4,735+2.5% | $2,440+99.0% |
| Participant deferral / active EE | $5,646 | $5,418+4.2% | $6,709-15.8% | $3,607+56.5% |
| Admin fee / account holder | $417 | $5,958-93.0% | $10,261-95.9% | $5,124-91.9% |