Filed January 5, 2022
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 | $54,757 | $93,571-41.5% | $135,903-59.7% | $75,163-27.1% |
| Participation rate | 80.6% | 75.2%+5.5pp | 81.9%-1.3pp | 67.2%+13.5pp |
| Annual return | 14.46% | 30.90%-16.4pp | 68.23%-53.8pp | 160.62%-146.2pp |
| Employer contribution / active EE | $3,061 | $3,537-13.5% | $4,856-37.0% | $2,670+14.6% |
| Participant deferral / active EE | $6,811 | $6,404+6.4% | $7,758-12.2% | $4,125+65.1% |
| Admin fee / account holder | $24,198 | $6,975+246.9% | $10,762+124.8% | $5,651+328.2% |