Filed March 17, 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 | $32,861 | $106,515-69.1% | $96,683-66.0% | $139,434-76.4% |
| Participation rate | 85.0% | 77.8%+7.2pp | 74.3%+10.7pp | 80.3%+4.7pp |
| Annual return | 4.08% | 38.43%-34.3pp | 35.69%-31.6pp | 372.94%-368.9pp |
| Employer contribution / active EE | $5,517 | $4,103+34.5% | $3,737+47.6% | $4,751+16.1% |
| Participant deferral / active EE | $5,668 | $5,454+3.9% | $4,878+16.2% | $6,710-15.5% |
| Admin fee / account holder | $25,800 | $7,877+227.5% | $6,730+283.4% | $11,403+126.3% |