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 | $15,611 | $73,360-78.7% | $177,989-91.2% | $74,495-79.0% |
| Participation rate | 83.5% | 66.6%+16.9pp | 77.1%+6.4pp | 67.2%+16.3pp |
| Annual return | 15.22% | 17.49%-2.3pp | 294.48%-279.3pp | 1364.94%-1349.7pp |
| Employer contribution / active EE | $2,846 | $2,216+28.4% | $3,949-27.9% | $2,623+8.5% |
| Participant deferral / active EE | $1,922 | $4,513-57.4% | $6,276-69.4% | $4,346-55.8% |
| Admin fee / account holder | $1,152 | $1,808-36.2% | $10,363-88.9% | $1,942-40.6% |