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 | $54,227 | $63,861-15.1% | $104,607-48.2% | $79,858-32.1% |
| Participation rate | 100.0% | 64.9%+35.1pp | 74.1%+25.9pp | 69.6%+30.4pp |
| Annual return | -2.45% | 21.30%-23.8pp | 340.46%-342.9pp | 31.71%-34.2pp |
| Employer contribution / active EE | $2,734 | $1,588+72.2% | $2,681+2.0% | $2,471+10.7% |
| Participant deferral / active EE | $6,937 | $2,693+157.6% | $3,740+85.5% | $3,740+85.5% |
| Admin fee / account holder | $7,793 | $4,185+86.2% | $6,473+20.4% | $5,306+46.9% |