Filed February 3, 2022
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 | $242,005 | $159,602+51.6% | $150,045+61.3% | $142,382+70.0% |
| Participation rate | 92.9% | 84.0%+8.9pp | 82.3%+10.5pp | 80.1%+12.7pp |
| Annual return | 12.36% | 70.24%-57.9pp | 62.55%-50.2pp | 217.08%-204.7pp |
| Employer contribution / active EE | $5,084 | $4,961+2.5% | $4,693+8.3% | $4,299+18.2% |
| Participant deferral / active EE | $15,898 | $8,310+91.3% | $7,997+98.8% | $6,507+144.3% |
| Admin fee / account holder | $59,322 | $14,846+299.6% | $13,435+341.6% | $12,624+369.9% |