Filed March 10, 2021 (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 7-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 | $88,156 | $47,126+87.1% | $149,673-41.1% | $74,419+18.5% |
| Participation rate | 21.6% | 63.4%-41.8pp | 78.8%-57.2pp | 70.7%-49.1pp |
| Annual return | 21.13% | 22.75%-1.6pp | 134.42%-113.3pp | 34.38%-13.3pp |
| Employer contribution / active EE | $0 | $1,905-100.0% | $4,818-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $2,432 | $2,728-10.8% | $5,680-57.2% | $4,528-46.3% |
| Admin fee / account holder | $2,298 | $343+570.5% | $13,210-82.6% | $348+560.6% |