Filed December 20, 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.
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.)
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 | $101,527 | $215,630-52.9% | $151,561-33.0% | $357,791-71.6% |
| Participation rate | 87.5% | 84.4%+3.1pp | 74.2%+13.3pp | 85.6%+1.9pp |
| Annual return | 14.68% | -8.80%+23.5pp | -7.59%+22.3pp | 396.79%-382.1pp |
| Employer contribution / active EE | $6,033 | $6,678-9.7% | $4,436+36.0% | $7,508-19.6% |
| Participant deferral / active EE | $5,328 | $2,935+81.5% | $4,565+16.7% | $5,521-3.5% |
| Admin fee / account holder | $24,376 | $43,111-43.5% | $27,110-10.1% | $28,387-14.1% |