Filed December 13, 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 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 | $61,386 | $65,365-6.1% | $92,893-33.9% | $72,985-15.9% |
| Participation rate | 90.4% | 68.3%+22.1pp | 76.0%+14.4pp | 69.5%+20.9pp |
| Annual return | 13.67% | 42.10%-28.4pp | 109.41%-95.7pp | 81.00%-67.3pp |
| Employer contribution / active EE | $1,338 | $2,594-48.4% | $3,653-63.4% | $2,440-45.2% |
| Participant deferral / active EE | $5,916 | $3,128+89.1% | $4,236+39.6% | $3,607+64.0% |
| Admin fee / account holder | $9,874 | $4,251+132.3% | $5,794+70.4% | $5,124+92.7% |