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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $34,329 | $100,041-65.7% | $149,718-77.1% | $70,131-51.0% |
| Participation rate | 84.8% | 83.6%+1.2pp | 87.1%-2.3pp | 69.5%+15.2pp |
| Annual return | 12.68% | 27.43%-14.8pp | 1501.63%-1489.0pp | 73.14%-60.5pp |
| Employer contribution / active EE | $767 | $3,662-79.1% | $5,445-85.9% | $2,342-67.3% |
| Participant deferral / active EE | $1,785 | $4,983-64.2% | $6,569-72.8% | $3,332-46.4% |
| Admin fee / account holder | $1,176 | $8,286-85.8% | $11,283-89.6% | $4,645-74.7% |