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 | $41,276 | $59,186-30.3% | $76,768-46.2% | $56,287-26.7% |
| Participation rate | 63.2% | 75.2%-12.1pp | 77.0%-13.8pp | 69.9%-6.7pp |
| Annual return | -7.25% | 6.62%-13.9pp | 2.43%-9.7pp | -9.96%+2.7pp |
| Employer contribution / active EE | $327 | $1,759-81.4% | $2,485-86.8% | $2,111-84.5% |
| Participant deferral / active EE | $2,247 | $3,255-31.0% | $3,852-41.7% | $3,350-32.9% |
| Admin fee / account holder | $1,129 | $489+130.8% | $6,675-83.1% | $521+116.7% |