Filed January 31, 2022 (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 6-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 | $51,488 | $46,722+10.2% | $130,648-60.6% | $65,185-21.0% |
| Participation rate | 50.0% | 60.9%-10.9pp | 71.7%-21.7pp | 70.2%-20.2pp |
| Annual return | 21.46% | 24.17%-2.7pp | 1708.96%-1687.5pp | 29.38%-7.9pp |
| Employer contribution / active EE | $0 | $1,488-100.0% | $4,092-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,844 | $2,545+11.7% | $3,603-21.1% | $3,514-19.1% |
| Admin fee / account holder | $312 | $453-31.1% | $5,464-94.3% | $847-63.1% |