Filed May 4, 2022
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 | $74,320 | $58,523+27.0% | $99,443-25.3% | $72,985+1.8% |
| Participation rate | 75.8% | 64.6%+11.1pp | 73.8%+1.9pp | 69.5%+6.3pp |
| Annual return | 4.85% | 28.51%-23.7pp | 30.72%-25.9pp | 81.00%-76.1pp |
| Employer contribution / active EE | $1,565 | $1,512+3.5% | $2,540-38.4% | $2,440-35.9% |
| Participant deferral / active EE | $7,014 | $2,606+169.2% | $3,619+93.8% | $3,607+94.4% |
| Admin fee / account holder | $786 | $4,102-80.8% | $6,250-87.4% | $5,124-84.7% |