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 | $70,379 | $89,355-21.2% | $141,162-50.1% | $72,985-3.6% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 4.52% | 111.85%-107.3pp | 71.39%-66.9pp | 81.00%-76.5pp |
| Employer contribution / active EE | $3,226 | $3,114+3.6% | $4,735-31.9% | $2,440+32.2% |
| Participant deferral / active EE | $8,910 | $5,418+64.5% | $6,709+32.8% | $3,607+147.0% |
| Admin fee / account holder | $9,009 | $5,958+51.2% | $10,261-12.2% | $5,124+75.8% |