Filed April 27, 2022
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 | $63,879 | $85,766-25.5% | $136,294-53.1% | $70,131-8.9% |
| Participation rate | 97.7% | 74.2%+23.5pp | 81.9%+15.8pp | 69.5%+28.1pp |
| Annual return | 7.39% | 31.45%-24.1pp | 5155.94%-5148.5pp | 73.14%-65.7pp |
| Employer contribution / active EE | $3,142 | $2,966+5.9% | $4,695-33.1% | $2,342+34.1% |
| Participant deferral / active EE | $7,827 | $5,051+54.9% | $6,247+25.3% | $3,332+134.9% |
| Admin fee / account holder | $4,306 | $5,420-20.6% | $9,243-53.4% | $4,645-7.3% |