Filed May 19, 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.
Employer 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 | $106,034 | $176,812-40.0% | $146,665-27.7% | $167,490-36.7% |
| Participation rate | 81.0% | 83.6%-2.7pp | 80.1%+0.9pp | 82.1%-1.2pp |
| Annual return | 47.36% | 24.03%+23.3pp | 22.74%+24.6pp | 478.56%-431.2pp |
| Employer contribution / active EE | $0 | $5,160-100.0% | $4,136-100.0% | $4,837-100.0% |
| Participant deferral / active EE | $8,920 | $6,440+38.5% | $5,506+62.0% | $6,341+40.7% |
| Admin fee / account holder | $53,936 | $13,259+306.8% | $10,280+424.7% | $12,309+338.2% |