Filed December 30, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer 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 | $21,152 | $60,165-64.8% | $74,183-71.5% | $55,167-61.7% |
| Participation rate | 71.9% | 74.2%-2.3pp | 76.6%-4.7pp | 69.0%+2.9pp |
| Annual return | 7.73% | 10.00%-2.3pp | 17.74%-10.0pp | 169.23%-161.5pp |
| Employer contribution / active EE | $180 | $1,600-88.7% | $2,370-92.4% | $1,963-90.8% |
| Participant deferral / active EE | $540 | $2,973-81.8% | $3,550-84.8% | $3,054-82.3% |
| Admin fee / account holder | $44,878 | $419+10603.0% | $5,586+703.4% | $504+8806.1% |