Filed September 14, 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $87,825 | $60,124+46.1% | $90,404-2.9% | $79,858+10.0% |
| Participation rate | 36.0% | 65.0%-29.0pp | 72.7%-36.7pp | 69.6%-33.6pp |
| Annual return | 8.22% | 71.94%-63.7pp | 1293.02%-1284.8pp | 31.71%-23.5pp |
| Employer contribution / active EE | $1,397 | $2,068-32.4% | $3,262-57.2% | $2,471-43.4% |
| Participant deferral / active EE | $3,080 | $2,938+4.8% | $3,963-22.3% | $3,740-17.6% |
| Admin fee / account holder | $12,880 | $3,976+223.9% | $5,611+129.6% | $5,306+142.7% |