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 | $119,593 | $101,724+17.6% | $164,813-27.4% | $80,856+47.9% |
| Participation rate | 97.6% | 71.8%+25.7pp | 78.6%+19.0pp | 67.6%+29.9pp |
| Annual return | 8.95% | 16.72%-7.8pp | 69.93%-61.0pp | 35.59%-26.6pp |
| Employer contribution / active EE | $1,572 | $2,953-46.8% | $4,341-63.8% | $2,755-42.9% |
| Participant deferral / active EE | $6,673 | $4,477+49.0% | $6,031+10.6% | $4,296+55.3% |
| Admin fee / account holder | $54,236 | $8,227+559.2% | $12,690+327.4% | $6,918+684.0% |