Filed January 22, 2020 (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 | $31,479 | $102,966-69.4% | $90,281-65.1% | $152,861-79.4% |
| Participation rate | 52.4% | 75.9%-23.5pp | 73.3%-20.9pp | 82.4%-30.1pp |
| Annual return | 16.16% | 95.16%-79.0pp | 78.10%-61.9pp | 345.32%-329.2pp |
| Employer contribution / active EE | $1,348 | $3,139-57.1% | $2,854-52.8% | $4,762-71.7% |
| Participant deferral / active EE | $1,034 | $4,281-75.8% | $3,885-73.4% | $5,850-82.3% |
| Admin fee / account holder | $721 | $6,171-88.3% | $5,351-86.5% | $11,596-93.8% |