Filed June 6, 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 | $114,120 | $78,926+44.6% | $136,749-16.5% | $84,808+34.6% |
| Participation rate | 79.8% | 62.2%+17.6pp | 72.1%+7.6pp | 68.3%+11.5pp |
| Annual return | 11.34% | 18.17%-6.8pp | 24.33%-13.0pp | 40.90%-29.6pp |
| Employer contribution / active EE | $2,299 | $2,134+7.7% | $3,400-32.4% | $2,631-12.6% |
| Participant deferral / active EE | $3,768 | $3,168+18.9% | $4,692-19.7% | $4,212-10.5% |
| Admin fee / account holder | $8,218 | $6,369+29.0% | $11,386-27.8% | $7,344+11.9% |