Filed June 30, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,519 | $49,922+75.3% | $80,569+8.6% | $75,163+16.4% |
| Participation rate | 47.1% | 55.3%-8.2pp | 67.0%-19.9pp | 67.2%-20.1pp |
| Annual return | -3.43% | 34.69%-38.1pp | 935.43%-938.9pp | 160.62%-164.0pp |
| Employer contribution / active EE | $1,011 | $1,698-40.5% | $2,723-62.9% | $2,670-62.1% |
| Participant deferral / active EE | $1,880 | $2,990-37.1% | $4,447-57.7% | $4,125-54.4% |
| Admin fee / account holder | $13,262 | $3,577+270.8% | $5,377+146.6% | $5,651+134.7% |