Filed September 24, 2019 (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.
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 | $55,990 | $49,177+13.9% | $79,464-29.5% | $64,186-12.8% |
| Participation rate | 65.7% | 65.0%+0.6pp | 73.3%-7.7pp | 69.6%-3.9pp |
| Annual return | 6.89% | -1.16%+8.1pp | 718.14%-711.2pp | 7.63%-0.7pp |
| Employer contribution / active EE | $569 | $2,076-72.6% | $2,800-79.7% | $2,381-76.1% |
| Participant deferral / active EE | $2,120 | $2,821-24.9% | $3,704-42.8% | $3,470-38.9% |
| Admin fee / account holder | $4,857 | $3,839+26.5% | $5,113-5.0% | $4,888-0.6% |