Filed March 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.
Participant 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 | $45,158 | $171,865-73.7% | $149,718-69.8% | $147,584-69.4% |
| Participation rate | 95.8% | 88.2%+7.6pp | 87.1%+8.8pp | 82.8%+13.0pp |
| Annual return | 12.16% | 2113.22%-2101.1pp | 1501.63%-1489.5pp | 578.55%-566.4pp |
| Employer contribution / active EE | $2,348 | $6,275-62.6% | $5,445-56.9% | $4,876-51.9% |
| Participant deferral / active EE | $1,276 | $7,271-82.5% | $6,569-80.6% | $5,439-76.5% |
| Admin fee / account holder | $15,425 | $13,799+11.8% | $11,283+36.7% | $10,885+41.7% |