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 | $77,896+46.5% | $134,172-14.9% | $82,448+38.4% |
| Participation rate | 79.8% | 62.8%+17.0pp | 72.5%+7.3pp | 68.1%+11.7pp |
| Annual return | 11.34% | 18.21%-6.9pp | 25.30%-14.0pp | 41.64%-30.3pp |
| Employer contribution / active EE | $2,299 | $2,159+6.5% | $3,420-32.8% | $2,551-9.9% |
| Participant deferral / active EE | $3,768 | $3,162+19.2% | $4,690-19.7% | $4,139-9.0% |
| Admin fee / account holder | $8,218 | $6,336+29.7% | $12,016-31.6% | $7,234+13.6% |