Filed January 25, 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 | $164,855 | $109,881+50.0% | $150,045+9.9% | $84,808+94.4% |
| Participation rate | 92.0% | 76.1%+15.9pp | 82.3%+9.7pp | 68.3%+23.7pp |
| Annual return | 12.24% | 28.25%-16.0pp | 62.55%-50.3pp | 40.90%-28.7pp |
| Employer contribution / active EE | $9,715 | $3,561+172.8% | $4,693+107.0% | $2,631+269.2% |
| Participant deferral / active EE | $15,893 | $6,636+139.5% | $7,997+98.7% | $4,212+277.4% |
| Admin fee / account holder | $40,971 | $8,568+378.2% | $13,435+205.0% | $7,344+457.9% |