Filed January 13, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $199,693 | $69,207+188.5% | $64,056+211.7% | $139,434+43.2% |
| Participation rate | 54.5% | 75.6%-21.0pp | 72.3%-17.8pp | 80.3%-25.8pp |
| Annual return | 20.76% | 45.88%-25.1pp | 33.69%-12.9pp | 372.94%-352.2pp |
| Employer contribution / active EE | $0 | $3,182-100.0% | $2,747-100.0% | $4,751-100.0% |
| Participant deferral / active EE | $14,002 | $4,682+199.1% | $3,880+260.9% | $6,710+108.7% |
| Admin fee / account holder | $510 | $4,244-88.0% | $3,068-83.4% | $11,403-95.5% |