Filed December 22, 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 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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $237,314 | $103,376+129.6% | $87,100+172.5% | $152,861+55.2% |
| Participation rate | 95.5% | 79.3%+16.1pp | 76.9%+18.6pp | 82.4%+13.0pp |
| Annual return | 2.37% | 28.10%-25.7pp | 28.19%-25.8pp | 345.32%-342.9pp |
| Employer contribution / active EE | $1,876 | $3,220-41.7% | $2,521-25.6% | $4,762-60.6% |
| Participant deferral / active EE | $4,740 | $4,778-0.8% | $4,049+17.1% | $5,850-19.0% |
| Admin fee / account holder | $7,546 | $12,205-38.2% | $7,497+0.7% | $11,596-34.9% |