Filed July 23, 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.
Employer 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 | $106,061 | $137,414-22.8% | $189,513-44.0% | $85,850+23.5% |
| Participation rate | 82.4% | 84.6%-2.3pp | 87.8%-5.5pp | 69.3%+13.0pp |
| Annual return | 17.01% | 38.14%-21.1pp | 555.15%-538.1pp | 318.53%-301.5pp |
| Employer contribution / active EE | $1,304 | $4,344-70.0% | $6,162-78.8% | $2,565-49.2% |
| Participant deferral / active EE | $3,530 | $6,260-43.6% | $8,221-57.1% | $3,952-10.7% |
| Admin fee / account holder | $2,368 | $8,630-72.6% | $12,045-80.3% | $6,260-62.2% |