Filed September 8, 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.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,346 | $76,000-89.0% | $154,107-94.6% | $64,186-87.0% |
| Participation rate | 97.9% | 70.4%+27.5pp | 83.0%+14.9pp | 69.6%+28.3pp |
| Annual return | 4.38% | 30.32%-25.9pp | 735.12%-730.7pp | 7.63%-3.2pp |
| Employer contribution / active EE | $3,125 | $3,351-6.7% | $5,298-41.0% | $2,381+31.3% |
| Participant deferral / active EE | $509 | $3,175-84.0% | $5,081-90.0% | $3,470-85.3% |
| Admin fee / account holder | $866 | $5,596-84.5% | $13,411-93.5% | $4,888-82.3% |