Filed August 31, 2021 (most recent of 2 filings on file)
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.
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 | $65,804 | $209,832-68.6% | $189,513-65.3% | $167,490-60.7% |
| Participation rate | 52.6% | 88.7%-36.0pp | 87.8%-35.2pp | 82.1%-29.5pp |
| Annual return | 35.12% | 748.27%-713.1pp | 555.15%-520.0pp | 478.56%-443.4pp |
| Employer contribution / active EE | $0 | $6,914-100.0% | $6,162-100.0% | $4,837-100.0% |
| Participant deferral / active EE | $2,422 | $8,935-72.9% | $8,221-70.5% | $6,341-61.8% |
| Admin fee / account holder | $7,622 | $14,293-46.7% | $12,045-36.7% | $12,309-38.1% |