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 | $241,649 | $165,335+46.2% | $149,696+61.4% | $158,922+52.1% |
| Participation rate | 100.0% | 84.6%+15.4pp | 82.5%+17.5pp | 82.0%+18.0pp |
| Annual return | -3.30% | 348.15%-351.4pp | 276.60%-279.9pp | 302.83%-306.1pp |
| Employer contribution / active EE | $2,207 | $5,103-56.7% | $4,644-52.5% | $4,761-53.6% |
| Participant deferral / active EE | $5,446 | $7,181-24.2% | $6,842-20.4% | $5,982-9.0% |
| Admin fee / account holder | $7,197 | $10,807-33.4% | $9,309-22.7% | $11,246-36.0% |