Filed June 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 | $46,346 | $69,010-32.8% | $159,960-71.0% | $68,494-32.3% |
| Participation rate | 100.0% | 65.4%+34.6pp | 78.0%+22.0pp | 67.9%+32.1pp |
| Annual return | -20.12% | -9.65%-10.5pp | 408.60%-428.7pp | -7.84%-12.3pp |
| Employer contribution / active EE | $3,575 | $2,213+61.5% | $4,226-15.4% | $2,596+37.7% |
| Participant deferral / active EE | $6,227 | $4,212+47.9% | $6,182+0.7% | $4,027+54.6% |
| Admin fee / account holder | $1,634 | $4,798-66.0% | $8,698-81.2% | $5,403-69.8% |