Filed June 29, 2020 (most recent of 4 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 8-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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,708 | $109,359-78.3% | $162,163-85.4% | $72,985-67.5% |
| Participation rate | 98.9% | 84.3%+14.6pp | 87.6%+11.3pp | 69.5%+29.4pp |
| Annual return | 26.87% | 25.46%+1.4pp | 115.59%-88.7pp | 81.00%-54.1pp |
| Employer contribution / active EE | $2,109 | $3,907-46.0% | $5,614-62.4% | $2,440-13.6% |
| Participant deferral / active EE | $2,794 | $5,481-49.0% | $7,298-61.7% | $3,607-22.6% |
| Admin fee / account holder | $629 | $7,972-92.1% | $10,843-94.2% | $5,124-87.7% |