Filed October 15, 2020
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 4-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.)
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 | $20,781 | $138,347-85.0% | $184,203-88.7% | $80,856-74.3% |
| Participation rate | 93.8% | 83.9%+9.9pp | 86.8%+6.9pp | 67.6%+26.1pp |
| Annual return | 87.25% | 20.02%+67.2pp | 28.81%+58.4pp | 35.59%+51.7pp |
| Employer contribution / active EE | $4,665 | $4,850-3.8% | $6,427-27.4% | $2,755+69.3% |
| Participant deferral / active EE | $7,196 | $7,071+1.8% | $9,131-21.2% | $4,296+67.5% |
| Admin fee / account holder | $797 | $10,483-92.4% | $13,901-94.3% | $6,918-88.5% |