Filed August 10, 2020 (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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,724 | $146,267-40.7% | $197,124-56.0% | $82,448+5.2% |
| Participation rate | 94.5% | 84.0%+10.5pp | 86.7%+7.8pp | 68.1%+26.5pp |
| Annual return | 15.13% | 29.61%-14.5pp | 44.34%-29.2pp | 41.64%-26.5pp |
| Employer contribution / active EE | $1,347 | $4,723-71.5% | $6,227-78.4% | $2,551-47.2% |
| Participant deferral / active EE | $3,734 | $7,035-46.9% | $9,135-59.1% | $4,139-9.8% |
| Admin fee / account holder | $1,848 | $14,422-87.2% | $16,298-88.7% | $7,234-74.5% |