Filed August 10, 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 | $249,203 | $157,256+58.5% | $141,162+76.5% | $152,861+63.0% |
| Participation rate | 100.0% | 84.8%+15.2pp | 82.5%+17.5pp | 82.4%+17.6pp |
| Annual return | 4.18% | 64.32%-60.1pp | 71.39%-67.2pp | 345.32%-341.1pp |
| Employer contribution / active EE | $10,531 | $5,261+100.2% | $4,735+122.4% | $4,762+121.1% |
| Participant deferral / active EE | $7,277 | $7,109+2.4% | $6,709+8.5% | $5,850+24.4% |
| Admin fee / account holder | $7,709 | $12,120-36.4% | $10,261-24.9% | $11,596-33.5% |