Filed October 11, 2019
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 9-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.
See 1 actuary disclosure. $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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,000 | $76,418-29.3% | $350,496-84.6% | $46,757+15.5% |
| Participation rate | 100.0% | 16.7%+83.3pp | 31.4%+68.6pp | 11.3%+88.7pp |
| Annual return | 10.81% | 10.91%-0.1pp | 12.88%-2.1pp | 10.41%+0.4pp |
| Employer contribution / active EE | $7,104 | $12,279-42.1% | $40,010-82.2% | $14,691-51.6% |
| Participant deferral / active EE | $0 | $9-100.0% | $66-100.0% | $58-100.0% |
| Admin fee / account holder | $9,033 | $4,558+98.2% | $7,226+25.0% | $2,646+241.3% |