Filed January 21, 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 | $44,065 | $42,894+2.7% | $60,874-27.6% | $68,494-35.7% |
| Participation rate | 98.2% | 66.8%+31.4pp | 73.1%+25.1pp | 67.9%+30.3pp |
| Annual return | -19.28% | -13.98%-5.3pp | 16.90%-36.2pp | -7.84%-11.4pp |
| Employer contribution / active EE | $2,275 | $1,978+15.0% | $2,701-15.8% | $2,596-12.4% |
| Participant deferral / active EE | $3,019 | $2,867+5.3% | $3,817-20.9% | $4,027-25.0% |
| Admin fee / account holder | $3,716 | $3,101+19.9% | $3,224+15.3% | $5,403-31.2% |