Filed July 9, 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 9-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 | $6,918 | $72,404-90.4% | $110,238-93.7% | $64,186-89.2% |
| Participation rate | 91.4% | 73.3%+18.0pp | 79.8%+11.6pp | 69.6%+21.8pp |
| Annual return | -10.22% | -6.29%-3.9pp | 314.74%-325.0pp | 7.63%-17.8pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $3,826-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,633 | $3,469-24.1% | $4,672-43.6% | $3,470-24.1% |
| Admin fee / account holder | $316 | $5,664-94.4% | $8,547-96.3% | $4,888-93.5% |