Filed November 17, 2020
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.
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 are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,177 | $87,013-69.9% | $106,213-75.4% | $80,856-67.6% |
| Participation rate | 74.3% | 70.4%+3.8pp | 75.3%-1.0pp | 67.6%+6.6pp |
| Annual return | 8.63% | 17.05%-8.4pp | 116.14%-107.5pp | 35.59%-27.0pp |
| Employer contribution / active EE | $0 | $2,395-100.0% | $3,171-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $1,683 | $3,986-57.8% | $5,016-66.4% | $4,296-60.8% |
| Admin fee / account holder | $1,265 | $8,431-85.0% | $11,033-88.5% | $6,918-81.7% |