Filed February 18, 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 5-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 | $67,679 | $93,571-27.7% | $135,903-50.2% | $75,163-10.0% |
| Participation rate | 82.4% | 75.2%+7.2pp | 81.9%+0.4pp | 67.2%+15.2pp |
| Annual return | 9.00% | 30.90%-21.9pp | 68.23%-59.2pp | 160.62%-151.6pp |
| Employer contribution / active EE | $2,386 | $3,537-32.5% | $4,856-50.9% | $2,670-10.6% |
| Participant deferral / active EE | $4,127 | $6,404-35.6% | $7,758-46.8% | $4,1250% |
| Admin fee / account holder | $446 | $6,975-93.6% | $10,762-95.9% | $5,651-92.1% |