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 | $38,512 | $54,350-29.1% | $82,719-53.4% | $68,494-43.8% |
| Participation rate | 40.0% | 63.9%-23.9pp | 72.6%-32.6pp | 67.9%-27.9pp |
| Annual return | -12.85% | -13.67%+0.8pp | 701.18%-714.0pp | -7.84%-5.0pp |
| Employer contribution / active EE | $390 | $2,218-82.4% | $3,009-87.0% | $2,596-85.0% |
| Participant deferral / active EE | $1,151 | $3,246-64.6% | $4,395-73.8% | $4,027-71.4% |
| Admin fee / account holder | $584 | $4,395-86.7% | $5,329-89.0% | $5,403-89.2% |