Filed December 30, 2019
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 7-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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,720 | $110,094-73.0% | $151,611-80.4% | $68,494-56.6% |
| Participation rate | 90.9% | 84.0%+6.9pp | 87.5%+3.4pp | 67.9%+23.0pp |
| Annual return | -27.31% | -10.12%-17.2pp | 3.33%-30.6pp | -7.84%-19.5pp |
| Employer contribution / active EE | $2,767 | $4,471-38.1% | $6,166-55.1% | $2,596+6.6% |
| Participant deferral / active EE | $5,113 | $6,527-21.7% | $8,363-38.9% | $4,027+27.0% |
| Admin fee / account holder | $1,861 | $7,719-75.9% | $11,616-84.0% | $5,403-65.6% |