Filed June 10, 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 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $8,047 | $127,386-93.7% | $115,037-93.0% | $125,391-93.6% |
| Participation rate | 80.0% | 84.2%-4.2pp | 81.4%-1.4pp | 83.2%-3.2pp |
| Annual return | -11.40% | 31.28%-42.7pp | 26.14%-37.5pp | 282.22%-293.6pp |
| Employer contribution / active EE | $2,299 | $5,166-55.5% | $4,608-50.1% | $4,866-52.7% |
| Participant deferral / active EE | $4,060 | $6,423-36.8% | $6,026-32.6% | $5,352-24.1% |
| Admin fee / account holder | $750 | $9,516-92.1% | $8,175-90.8% | $9,540-92.1% |