Filed December 12, 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.
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 | $60,932 | $77,813-21.7% | $123,544-50.7% | $64,186-5.1% |
| Participation rate | 96.3% | 74.7%+21.6pp | 82.3%+14.0pp | 69.6%+26.7pp |
| Annual return | -8.65% | 12.48%-21.1pp | 119.20%-127.8pp | 7.63%-16.3pp |
| Employer contribution / active EE | $3,548 | $3,014+17.7% | $4,628-23.3% | $2,381+49.0% |
| Participant deferral / active EE | $6,842 | $5,240+30.6% | $6,426+6.5% | $3,470+97.2% |
| Admin fee / account holder | $3,831 | $5,519-30.6% | $9,284-58.7% | $4,888-21.6% |