Filed April 26, 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 | $57,886 | $100,041-42.1% | $149,718-61.3% | $70,131-17.5% |
| Participation rate | 65.9% | 83.6%-17.7pp | 87.1%-21.2pp | 69.5%-3.7pp |
| Annual return | 18.11% | 27.43%-9.3pp | 1501.63%-1483.5pp | 73.14%-55.0pp |
| Employer contribution / active EE | $1,825 | $3,662-50.2% | $5,445-66.5% | $2,342-22.1% |
| Participant deferral / active EE | $2,962 | $4,983-40.6% | $6,569-54.9% | $3,332-11.1% |
| Admin fee / account holder | $4,302 | $8,286-48.1% | $11,283-61.9% | $4,645-7.4% |