Filed August 2, 2021
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 | $163,358 | $99,985+63.4% | $146,665+11.4% | $85,850+90.3% |
| Participation rate | 100.0% | 73.1%+26.9pp | 80.1%+19.9pp | 69.3%+30.7pp |
| Annual return | 9.56% | 18.93%-9.4pp | 22.74%-13.2pp | 318.53%-309.0pp |
| Employer contribution / active EE | $1,499 | $2,559-41.4% | $4,136-63.8% | $2,565-41.6% |
| Participant deferral / active EE | $6,915 | $4,006+72.6% | $5,506+25.6% | $3,952+75.0% |
| Admin fee / account holder | $26,749 | $7,702+247.3% | $10,280+160.2% | $6,260+327.3% |