Filed February 28, 2019 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,901 | $48,076-6.6% | $78,689-42.9% | $62,891-28.6% |
| Participation rate | 67.7% | 65.2%+2.5pp | 73.6%-5.8pp | 69.3%-1.6pp |
| Annual return | 2.59% | 31.35%-28.8pp | 62.18%-59.6pp | 20.14%-17.6pp |
| Employer contribution / active EE | $565 | $2,015-72.0% | $2,851-80.2% | $2,281-75.3% |
| Participant deferral / active EE | $1,723 | $2,588-33.4% | $3,517-51.0% | $3,203-46.2% |
| Admin fee / account holder | $2,202 | $3,207-31.3% | $4,510-51.2% | $4,296-48.7% |