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 | $12,254 | $91,552-86.6% | $133,956-90.9% | $79,858-84.7% |
| Participation rate | 83.9% | 73.3%+10.6pp | 79.8%+4.1pp | 69.6%+14.3pp |
| Annual return | 9.43% | 61.85%-52.4pp | 45.09%-35.7pp | 31.71%-22.3pp |
| Employer contribution / active EE | $0 | $2,384-100.0% | $3,919-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,435 | $3,733-34.8% | $5,048-51.8% | $3,740-34.9% |
| Admin fee / account holder | $1,148 | $6,321-81.8% | $8,927-87.1% | $5,306-78.4% |