Filed October 7, 2020 (most recent of 4 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 | $72,429 | $137,414-47.3% | $189,513-61.8% | $85,850-15.6% |
| Participation rate | 65.8% | 84.6%-18.9pp | 87.8%-22.1pp | 69.3%-3.6pp |
| Annual return | 11.49% | 38.14%-26.7pp | 555.15%-543.7pp | 318.53%-307.0pp |
| Employer contribution / active EE | $1,742 | $4,344-59.9% | $6,162-71.7% | $2,565-32.1% |
| Participant deferral / active EE | $4,030 | $6,260-35.6% | $8,221-51.0% | $3,952+2.0% |
| Admin fee / account holder | $2,903 | $8,630-66.4% | $12,045-75.9% | $6,260-53.6% |