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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,166 | $78,705-38.8% | $117,854-59.1% | $70,131-31.3% |
| Participation rate | 55.8% | 73.2%-17.4pp | 79.7%-23.8pp | 69.5%-13.7pp |
| Annual return | 17.67% | 23.30%-5.6pp | 335.08%-317.4pp | 73.14%-55.5pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $5,155 | $3,297+56.3% | $4,482+15.0% | $3,332+54.7% |
| Admin fee / account holder | $4,430 | $5,065-12.5% | $8,020-44.8% | $4,645-4.6% |