Filed March 12, 2020 (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 5-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 | $26,010 | $65,703-60.4% | $94,224-72.4% | $59,632-56.4% |
| Participation rate | 60.2% | 72.1%-11.9pp | 78.8%-18.5pp | 68.7%-8.4pp |
| Annual return | -10.63% | 5.22%-15.8pp | 10.68%-21.3pp | 2041.28%-2051.9pp |
| Employer contribution / active EE | $0 | $2,021-100.0% | $3,587-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $4,750 | $3,143+51.1% | $4,320+10.0% | $3,192+48.8% |
| Admin fee / account holder | $724 | $4,264-83.0% | $6,269-88.4% | $4,297-83.1% |