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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,059 | $60,124-6.8% | $90,404-38.0% | $79,858-29.8% |
| Participation rate | 62.5% | 65.0%-2.5pp | 72.7%-10.2pp | 69.6%-7.1pp |
| Annual return | 6.72% | 71.94%-65.2pp | 1293.02%-1286.3pp | 31.71%-25.0pp |
| Employer contribution / active EE | $545 | $2,068-73.6% | $3,262-83.3% | $2,471-77.9% |
| Participant deferral / active EE | $2,305 | $2,938-21.5% | $3,963-41.8% | $3,740-38.4% |
| Admin fee / account holder | $4,705 | $3,976+18.3% | $5,611-16.1% | $5,306-11.3% |