Filed March 22, 2022
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 9-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 | $39,143 | $60,349-35.1% | $74,183-47.2% | $62,891-37.8% |
| Participation rate | 73.6% | 72.7%+0.9pp | 76.6%-3.0pp | 69.3%+4.3pp |
| Annual return | 3.47% | 21.37%-17.9pp | 17.74%-14.3pp | 20.14%-16.7pp |
| Employer contribution / active EE | $1,009 | $1,680-39.9% | $2,370-57.4% | $2,281-55.7% |
| Participant deferral / active EE | $1,987 | $2,856-30.4% | $3,550-44.0% | $3,203-38.0% |
| Admin fee / account holder | $2,206 | $4,261-48.2% | $5,586-60.5% | $4,296-48.6% |