Filed September 1, 2021 (most recent of 9 filings on file)
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.)
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 | $24,078 | $67,606-64.4% | $82,313-70.7% | $70,131-65.7% |
| Participation rate | 84.1% | 72.8%+11.3pp | 76.9%+7.2pp | 69.5%+14.5pp |
| Annual return | 22.65% | 21.57%+1.1pp | 25.88%-3.2pp | 73.14%-50.5pp |
| Employer contribution / active EE | $1,855 | $1,755+5.7% | $2,428-23.6% | $2,342-20.8% |
| Participant deferral / active EE | $3,574 | $2,987+19.7% | $3,706-3.6% | $3,332+7.3% |
| Admin fee / account holder | $832 | $4,512-81.6% | $5,608-85.2% | $4,645-82.1% |