Filed October 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 | $142,366 | $109,413+30.1% | $156,263-8.9% | $84,808+67.9% |
| Participation rate | 97.4% | 72.7%+24.7pp | 78.9%+18.5pp | 68.3%+29.1pp |
| Annual return | 10.93% | 20.18%-9.3pp | 59.47%-48.5pp | 40.90%-30.0pp |
| Employer contribution / active EE | $2,686 | $2,907-7.6% | $4,333-38.0% | $2,631+2.1% |
| Participant deferral / active EE | $4,496 | $4,590-2.0% | $6,158-27.0% | $4,212+6.7% |
| Admin fee / account holder | $5,792 | $9,357-38.1% | $14,255-59.4% | $7,344-21.1% |