Filed March 8, 2022 (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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $154,733 | $90,503+71.0% | $78,689+96.6% | $273,961-43.5% |
| Participation rate | 0.0% | 76.5%-76.5pp | 73.6%-73.6pp | 83.0%-83.0pp |
| Annual return | 8.44% | 75.60%-67.2pp | 62.18%-53.7pp | 41.45%-33.0pp |
| Employer contribution / active EE | $10,011 | $3,176+215.2% | $2,851+251.2% | $4,869+105.6% |
| Participant deferral / active EE | $10,927 | $3,901+180.1% | $3,517+210.7% | $5,287+106.7% |
| Admin fee / account holder | $18,749 | $5,263+256.2% | $4,510+315.7% | $10,132+85.1% |