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 | $86,953 | $125,758-30.9% | $169,993-48.8% | $75,163+15.7% |
| Participation rate | 80.0% | 83.6%-3.6pp | 87.0%-7.0pp | 67.2%+12.8pp |
| Annual return | 20.57% | 27.20%-6.6pp | 53.37%-32.8pp | 160.62%-140.0pp |
| Employer contribution / active EE | $1,195 | $4,615-74.1% | $6,785-82.4% | $2,670-55.2% |
| Participant deferral / active EE | $3,159 | $6,837-53.8% | $10,408-69.6% | $4,125-23.4% |
| Admin fee / account holder | $4,712 | $8,173-42.3% | $12,815-63.2% | $5,651-16.6% |