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 4-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $143,759 | $99,985+43.8% | $146,665-2.0% | $85,850+67.5% |
| Participation rate | 93.5% | 73.1%+20.5pp | 80.1%+13.5pp | 69.3%+24.2pp |
| Annual return | 1868.67% | 18.93%+1849.7pp | 22.74%+1845.9pp | 318.53%+1550.1pp |
| Employer contribution / active EE | $12,111 | $2,559+373.3% | $4,136+192.8% | $2,565+372.1% |
| Participant deferral / active EE | $0 | $4,006-100.0% | $5,506-100.0% | $3,952-100.0% |
| Admin fee / account holder | $1,314 | $7,702-82.9% | $10,280-87.2% | $6,260-79.0% |