Filed February 5, 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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,126 | $87,841-25.9% | $133,980-51.4% | $62,891+3.6% |
| Participation rate | 94.1% | 83.4%+10.7pp | 87.1%+7.1pp | 69.3%+24.8pp |
| Annual return | 4.23% | 12.05%-7.8pp | 29.30%-25.1pp | 20.14%-15.9pp |
| Employer contribution / active EE | $1,735 | $3,483-50.2% | $5,211-66.7% | $2,281-24.0% |
| Participant deferral / active EE | $3,769 | $4,812-21.7% | $6,282-40.0% | $3,203+17.7% |
| Admin fee / account holder | $8,828 | $5,371+64.3% | $9,324-5.3% | $4,296+105.5% |