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 | $52,117 | $54,705-4.7% | $71,209-26.8% | $84,808-38.5% |
| Participation rate | 43.1% | 64.1%-21.0pp | 73.8%-30.6pp | 68.3%-25.2pp |
| Annual return | 13.89% | 35.90%-22.0pp | 282.51%-268.6pp | 40.90%-27.0pp |
| Employer contribution / active EE | $424 | $2,158-80.3% | $2,721-84.4% | $2,631-83.9% |
| Participant deferral / active EE | $1,205 | $3,030-60.2% | $4,175-71.1% | $4,212-71.4% |
| Admin fee / account holder | $1,206 | $4,863-75.2% | $5,349-77.4% | $7,344-83.6% |