Filed December 16, 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 4-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.)
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 | $10,775 | $65,390-83.5% | $169,368-93.6% | $71,457-84.9% |
| Participation rate | 81.6% | 67.0%+14.6pp | 77.1%+4.4pp | 67.9%+13.6pp |
| Annual return | 29.53% | 21.31%+8.2pp | 405.60%-376.1pp | 28.85%+0.7pp |
| Employer contribution / active EE | $2,783 | $2,079+33.9% | $4,013-30.6% | $2,588+7.6% |
| Participant deferral / active EE | $1,736 | $4,367-60.2% | $6,221-72.1% | $4,289-59.5% |
| Admin fee / account holder | $500 | $1,324-62.3% | $9,003-94.4% | $1,587-68.5% |