Filed June 29, 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 | $40,725 | $160,055-74.6% | $140,016-70.9% | $135,375-69.9% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.5%+12.5pp | 82.6%+17.4pp |
| Annual return | -11.81% | 911.38%-923.2pp | 651.12%-662.9pp | 519.73%-531.5pp |
| Employer contribution / active EE | $5,335 | $6,420-16.9% | $5,606-4.8% | $4,779+11.6% |
| Participant deferral / active EE | $13,186 | $7,642+72.6% | $6,927+90.4% | $5,609+135.1% |
| Admin fee / account holder | $2,093 | $13,328-84.3% | $10,705-80.4% | $10,827-80.7% |