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.
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 | $55,455 | $89,739-38.2% | $149,718-63.0% | $62,292-11.0% |
| Participation rate | 84.9% | 85.1%-0.2pp | 87.1%-2.2pp | 69.5%+15.4pp |
| Annual return | 17.01% | 21.01%-4.0pp | 1501.63%-1484.6pp | 28.90%-11.9pp |
| Employer contribution / active EE | $1,007 | $3,233-68.9% | $5,445-81.5% | $2,042-50.7% |
| Participant deferral / active EE | $2,681 | $4,797-44.1% | $6,569-59.2% | $3,169-15.4% |
| Admin fee / account holder | $2,618 | $551+374.9% | $11,283-76.8% | $479+446.1% |