Filed October 1, 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 | $86,335 | $49,173+75.6% | $121,098-28.7% | $75,163+14.9% |
| Participation rate | 69.3% | 55.4%+13.9pp | 69.5%-0.2pp | 67.2%+2.1pp |
| Annual return | 15.42% | 55.99%-40.6pp | 985.75%-970.3pp | 160.62%-145.2pp |
| Employer contribution / active EE | $2,434 | $1,546+57.5% | $4,164-41.5% | $2,670-8.8% |
| Participant deferral / active EE | $3,152 | $2,628+20.0% | $4,080-22.7% | $4,125-23.6% |
| Admin fee / account holder | $2,842 | $3,942-27.9% | $5,644-49.7% | $5,651-49.7% |