Filed November 25, 2020
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $48,047 | $109,359-56.1% | $162,163-70.4% | $72,985-34.2% |
| Participation rate | 81.4% | 84.3%-2.9pp | 87.6%-6.2pp | 69.5%+11.9pp |
| Annual return | 17.44% | 25.46%-8.0pp | 115.59%-98.2pp | 81.00%-63.6pp |
| Employer contribution / active EE | $1,075 | $3,907-72.5% | $5,614-80.9% | $2,440-55.9% |
| Participant deferral / active EE | $2,237 | $5,481-59.2% | $7,298-69.3% | $3,607-38.0% |
| Admin fee / account holder | $1,534 | $7,972-80.8% | $10,843-85.9% | $5,124-70.1% |