Filed April 22, 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 | $43,886 | $39,122+12.2% | $57,179-23.2% | $62,891-30.2% |
| Participation rate | 83.9% | 70.5%+13.4pp | 75.3%+8.6pp | 69.3%+14.6pp |
| Annual return | -1.37% | 9.23%-10.6pp | 14.59%-16.0pp | 20.14%-21.5pp |
| Employer contribution / active EE | $2,323 | $1,874+23.9% | $2,682-13.4% | $2,281+1.8% |
| Participant deferral / active EE | $3,405 | $2,374+43.4% | $3,096+10.0% | $3,203+6.3% |
| Admin fee / account holder | $7,232 | $2,592+179.0% | $3,139+130.4% | $4,296+68.4% |