Filed September 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.
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.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $252,135 | $109,881+129.5% | $150,045+68.0% | $84,808+197.3% |
| Participation rate | 93.5% | 76.1%+17.5pp | 82.3%+11.2pp | 68.3%+25.2pp |
| Annual return | 11.02% | 28.25%-17.2pp | 62.55%-51.5pp | 40.90%-29.9pp |
| Employer contribution / active EE | $3,780 | $3,561+6.2% | $4,693-19.4% | $2,631+43.7% |
| Participant deferral / active EE | $13,185 | $6,636+98.7% | $7,997+64.9% | $4,212+213.1% |
| Admin fee / account holder | $63,046 | $8,568+635.8% | $13,435+369.3% | $7,344+758.5% |