Filed November 15, 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 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,121 | $80,753-72.6% | $136,294-83.8% | $62,292-64.5% |
| Participation rate | 65.9% | 73.5%-7.7pp | 81.9%-16.0pp | 69.5%-3.6pp |
| Annual return | 52.52% | 35.83%+16.7pp | 5155.94%-5103.4pp | 28.90%+23.6pp |
| Employer contribution / active EE | $1,815 | $2,884-37.1% | $4,695-61.4% | $2,042-11.1% |
| Participant deferral / active EE | $3,909 | $5,164-24.3% | $6,247-37.4% | $3,169+23.4% |
| Admin fee / account holder | $2,840 | $525+440.6% | $9,243-69.3% | $479+492.5% |