Filed July 6, 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 | $43,457 | $68,547-36.6% | $120,354-63.9% | $80,856-46.3% |
| Participation rate | 26.1% | 61.6%-35.5pp | 71.9%-45.8pp | 67.6%-41.6pp |
| Annual return | 13.02% | 23.60%-10.6pp | 107.15%-94.1pp | 35.59%-22.6pp |
| Employer contribution / active EE | $0 | $2,051-100.0% | $3,463-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $1,160 | $3,173-63.4% | $4,991-76.7% | $4,296-73.0% |
| Admin fee / account holder | $7,861 | $5,732+37.1% | $9,423-16.6% | $6,918+13.6% |