Filed April 15, 2020 (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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,285 | $87,841-64.4% | $133,980-76.6% | $62,891-50.3% |
| Participation rate | 75.6% | 83.4%-7.8pp | 87.1%-11.5pp | 69.3%+6.2pp |
| Annual return | 7.29% | 12.05%-4.8pp | 29.30%-22.0pp | 20.14%-12.8pp |
| Employer contribution / active EE | $802 | $3,483-77.0% | $5,211-84.6% | $2,281-64.9% |
| Participant deferral / active EE | $2,003 | $4,812-58.4% | $6,282-68.1% | $3,203-37.5% |
| Admin fee / account holder | $1,097 | $5,371-79.6% | $9,324-88.2% | $4,296-74.5% |