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 | $15,136 | $99,985-84.9% | $146,665-89.7% | $85,850-82.4% |
| Participation rate | 84.9% | 73.1%+11.8pp | 80.1%+4.8pp | 69.3%+15.6pp |
| Annual return | 10.06% | 18.93%-8.9pp | 22.74%-12.7pp | 318.53%-308.5pp |
| Employer contribution / active EE | $0 | $2,559-100.0% | $4,136-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,353 | $4,006-41.3% | $5,506-57.3% | $3,952-40.5% |
| Admin fee / account holder | $1,274 | $7,702-83.5% | $10,280-87.6% | $6,260-79.6% |