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 6-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 | $10,664 | $73,004-85.4% | $90,749-88.2% | $68,494-84.4% |
| Participation rate | 91.7% | 70.8%+20.8pp | 75.7%+16.0pp | 67.9%+23.8pp |
| Annual return | -217.86% | -13.81%-204.0pp | -12.16%-205.7pp | -7.84%-210.0pp |
| Employer contribution / active EE | $14,492 | $2,193+560.9% | $2,921+396.1% | $2,596+458.2% |
| Participant deferral / active EE | $0 | $3,627-100.0% | $4,564-100.0% | $4,027-100.0% |
| Admin fee / account holder | $6,442 | $5,896+9.3% | $8,445-23.7% | $5,403+19.2% |