Filed June 20, 2022 (most recent of 3 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $365,527 | $162,781+124.6% | $133,956+172.9% | $158,922+130.0% |
| Participation rate | 23.8% | 83.2%-59.4pp | 79.8%-56.0pp | 82.0%-58.1pp |
| Annual return | 19.59% | 41.94%-22.4pp | 45.09%-25.5pp | 302.83%-283.2pp |
| Employer contribution / active EE | $6,138 | $4,975+23.4% | $3,919+56.6% | $4,761+28.9% |
| Participant deferral / active EE | $11,290 | $5,911+91.0% | $5,048+123.7% | $5,982+88.7% |
| Admin fee / account holder | $4,082 | $11,736-65.2% | $8,927-54.3% | $11,246-63.7% |