Filed July 2, 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 | $75,362 | $81,900-8.0% | $119,609-37.0% | $68,494+10.0% |
| Participation rate | 89.1% | 71.9%+17.2pp | 79.3%+9.9pp | 67.9%+21.2pp |
| Annual return | -22.22% | -23.82%+1.6pp | -14.97%-7.2pp | -7.84%-14.4pp |
| Employer contribution / active EE | $5,278 | $2,693+95.9% | $4,232+24.7% | $2,596+103.3% |
| Participant deferral / active EE | $7,437 | $4,148+79.3% | $5,602+32.8% | $4,027+84.7% |
| Admin fee / account holder | $15,210 | $6,582+131.1% | $10,323+47.3% | $5,403+181.5% |