Filed February 3, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,541 | $100,041-58.5% | $149,718-72.3% | $70,131-40.8% |
| Participation rate | 96.2% | 83.6%+12.6pp | 87.1%+9.1pp | 69.5%+26.6pp |
| Annual return | 14.16% | 27.43%-13.3pp | 1501.63%-1487.5pp | 73.14%-59.0pp |
| Employer contribution / active EE | $1,979 | $3,662-45.9% | $5,445-63.7% | $2,342-15.5% |
| Participant deferral / active EE | $1,612 | $4,983-67.7% | $6,569-75.5% | $3,332-51.6% |
| Admin fee / account holder | $5,294 | $8,286-36.1% | $11,283-53.1% | $4,645+14.0% |