Filed December 9, 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 9-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,431 | $73,867-83.2% | $143,757-91.4% | $68,494-81.9% |
| Participation rate | 67.7% | 66.7%+1.1pp | 80.3%-12.6pp | 67.9%-0.1pp |
| Annual return | -27.26% | 1.01%-28.3pp | -0.04%-27.2pp | -7.84%-19.4pp |
| Employer contribution / active EE | $1,592 | $3,184-50.0% | $4,951-67.8% | $2,596-38.7% |
| Participant deferral / active EE | $3,045 | $3,384-10.0% | $5,637-46.0% | $4,027-24.4% |
| Admin fee / account holder | $7,895 | $5,755+37.2% | $14,673-46.2% | $5,403+46.1% |