Filed April 28, 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 | $61,605 | $62,891-2.0% | - | $62,891-2.0% |
| Participation rate | 100.0% | 69.3%+30.7pp | - | 69.3%+30.7pp |
| Annual return | 4.27% | 20.14%-15.9pp | - | 20.14%-15.9pp |
| Employer contribution / active EE | $1,578 | $2,281-30.8% | - | $2,281-30.8% |
| Participant deferral / active EE | $1,963 | $3,203-38.7% | - | $3,203-38.7% |
| Admin fee / account holder | $3,034 | $4,296-29.4% | - | $4,296-29.4% |