Filed May 18, 2022 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,089 | $54,320-29.9% | $67,652-43.7% | $52,331-27.2% |
| Participation rate | 60.7% | 73.6%-12.8pp | 75.7%-14.9pp | 68.1%-7.4pp |
| Annual return | -2.40% | 6.81%-9.2pp | 6625.04%-6627.4pp | 4.54%-6.9pp |
| Employer contribution / active EE | $283 | $1,544-81.6% | $2,266-87.5% | $1,882-84.9% |
| Participant deferral / active EE | $2,375 | $2,950-19.5% | $3,560-33.3% | $3,022-21.4% |
| Admin fee / account holder | $3,325 | $527+531.3% | $4,821-31.0% | $592+462.0% |