Filed February 3, 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,443 | $107,334+22.5% | $92,893+41.5% | $152,861-14.0% |
| Participation rate | 66.7% | 79.8%-13.1pp | 76.0%-9.3pp | 82.4%-15.8pp |
| Annual return | 32.63% | 145.58%-113.0pp | 109.41%-76.8pp | 345.32%-312.7pp |
| Employer contribution / active EE | $2,577 | $4,221-39.0% | $3,653-29.5% | $4,762-45.9% |
| Participant deferral / active EE | $3,510 | $4,845-27.6% | $4,236-17.1% | $5,850-40.0% |
| Admin fee / account holder | $1,994 | $7,079-71.8% | $5,794-65.6% | $11,596-82.8% |