Filed December 21, 2020
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.
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 | $38,331 | $123,793-69.0% | $177,821-78.4% | $79,858-52.0% |
| Participation rate | 86.0% | 84.7%+1.4pp | 87.7%-1.7pp | 69.6%+16.4pp |
| Annual return | 9.82% | 22.82%-13.0pp | 48.32%-38.5pp | 31.71%-21.9pp |
| Employer contribution / active EE | $2,122 | $4,095-48.2% | $5,918-64.2% | $2,471-14.1% |
| Participant deferral / active EE | $5,013 | $5,956-15.8% | $7,714-35.0% | $3,740+34.0% |
| Admin fee / account holder | $5,444 | $7,243-24.8% | $12,427-56.2% | $5,306+2.6% |