Filed April 15, 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 | $145,533 | $148,978-2.3% | $200,582-27.4% | $84,808+71.6% |
| Participation rate | 92.3% | 84.2%+8.1pp | 86.9%+5.4pp | 68.3%+24.0pp |
| Annual return | 16.86% | 28.16%-11.3pp | 42.33%-25.5pp | 40.90%-24.0pp |
| Employer contribution / active EE | $7,365 | $4,815+53.0% | $6,419+14.7% | $2,631+179.9% |
| Participant deferral / active EE | $2,217 | $7,142-69.0% | $9,331-76.2% | $4,212-47.4% |
| Admin fee / account holder | $5,323 | $13,977-61.9% | $16,305-67.4% | $7,344-27.5% |