Filed June 25, 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.
Employer 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 | $47,661 | $74,089-35.7% | $133,980-64.4% | $55,167-13.6% |
| Participation rate | 85.6% | 84.3%+1.3pp | 87.1%-1.5pp | 69.0%+16.6pp |
| Annual return | 7.74% | 12.11%-4.4pp | 29.30%-21.6pp | 169.23%-161.5pp |
| Employer contribution / active EE | $923 | $3,064-69.9% | $5,211-82.3% | $1,963-53.0% |
| Participant deferral / active EE | $2,480 | $4,678-47.0% | $6,282-60.5% | $3,054-18.8% |
| Admin fee / account holder | $4,128 | $458+801.1% | $9,324-55.7% | $504+719.3% |