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 | $44,142 | $60,124-26.6% | $90,404-51.2% | $79,858-44.7% |
| Participation rate | 42.6% | 65.0%-22.4pp | 72.7%-30.1pp | 69.6%-27.0pp |
| Annual return | 5.11% | 71.94%-66.8pp | 1293.02%-1287.9pp | 31.71%-26.6pp |
| Employer contribution / active EE | $283 | $2,068-86.3% | $3,262-91.3% | $2,471-88.6% |
| Participant deferral / active EE | $972 | $2,938-66.9% | $3,963-75.5% | $3,740-74.0% |
| Admin fee / account holder | $968 | $3,976-75.6% | $5,611-82.7% | $5,306-81.8% |