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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $40,797 | $100,041-59.2% | $149,718-72.8% | $70,131-41.8% |
| Participation rate | 85.2% | 83.6%+1.7pp | 87.1%-1.8pp | 69.5%+15.7pp |
| Annual return | 12.93% | 27.43%-14.5pp | 1501.63%-1488.7pp | 73.14%-60.2pp |
| Employer contribution / active EE | $664 | $3,662-81.9% | $5,445-87.8% | $2,342-71.6% |
| Participant deferral / active EE | $1,694 | $4,983-66.0% | $6,569-74.2% | $3,332-49.2% |
| Admin fee / account holder | $3,495 | $8,286-57.8% | $11,283-69.0% | $4,645-24.8% |