Filed January 11, 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 9-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 | $84,386 | $64,707+30.4% | $112,228-24.8% | $68,494+23.2% |
| Participation rate | 91.9% | 67.2%+24.7pp | 75.1%+16.8pp | 67.9%+24.0pp |
| Annual return | -19.59% | -11.40%-8.2pp | 27.45%-47.0pp | -7.84%-11.7pp |
| Employer contribution / active EE | $4,009 | $2,746+46.0% | $3,635+10.3% | $2,596+54.4% |
| Participant deferral / active EE | $9,356 | $3,565+162.5% | $4,728+97.9% | $4,027+132.3% |
| Admin fee / account holder | $3,106 | $5,232-40.6% | $6,410-51.6% | $5,403-42.5% |