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 | $95,324 | $51,576+84.8% | $129,207-26.2% | $80,856+17.9% |
| Participation rate | 63.3% | 57.0%+6.3pp | 69.6%-6.3pp | 67.6%-4.3pp |
| Annual return | 11.16% | 20.81%-9.6pp | 9417.33%-9406.2pp | 35.59%-24.4pp |
| Employer contribution / active EE | $2,366 | $1,584+49.4% | $4,153-43.0% | $2,755-14.1% |
| Participant deferral / active EE | $3,312 | $2,669+24.1% | $4,168-20.5% | $4,296-22.9% |
| Admin fee / account holder | $4,804 | $4,305+11.6% | $7,715-37.7% | $6,918-30.6% |