Filed June 6, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $14,815 | $85,790-82.7% | $67,313-78.0% | $135,375-89.1% |
| Participation rate | 100.0% | 76.5%+23.5pp | 69.1%+30.9pp | 82.6%+17.4pp |
| Annual return | -4.52% | -0.54%-4.0pp | -4.08%-0.4pp | 519.73%-524.3pp |
| Employer contribution / active EE | $832 | $3,487-76.1% | $2,566-67.6% | $4,779-82.6% |
| Participant deferral / active EE | $979 | $4,651-78.9% | $3,568-72.6% | $5,609-82.5% |
| Admin fee / account holder | $5,880 | $6,392-8.0% | $4,507+30.5% | $10,827-45.7% |