Filed May 25, 2021 (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 | $41,725 | $48,230-13.5% | $67,502-38.2% | $80,856-48.4% |
| Participation rate | 61.2% | 66.4%-5.2pp | 72.9%-11.7pp | 67.6%-6.4pp |
| Annual return | 15.74% | 18.28%-2.5pp | 3512.12%-3496.4pp | 35.59%-19.9pp |
| Employer contribution / active EE | $2,866 | $2,020+41.9% | $2,731+4.9% | $2,755+4.0% |
| Participant deferral / active EE | $0 | $2,924-100.0% | $4,000-100.0% | $4,296-100.0% |
| Admin fee / account holder | $4,311 | $3,681+17.1% | $3,998+7.8% | $6,918-37.7% |