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 | $46,905 | $183,963-74.5% | $162,163-71.1% | $152,861-69.3% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.4%+17.6pp |
| Annual return | 21.42% | 150.76%-129.3pp | 115.59%-94.2pp | 345.32%-323.9pp |
| Employer contribution / active EE | $2,504 | $6,371-60.7% | $5,614-55.4% | $4,762-47.4% |
| Participant deferral / active EE | $2,182 | $8,034-72.8% | $7,298-70.1% | $5,850-62.7% |
| Admin fee / account holder | $4,701 | $13,121-64.2% | $10,843-56.6% | $11,596-59.5% |