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 | $78,719 | $138,347-43.1% | $184,203-57.3% | $80,856-2.6% |
| Participation rate | 67.1% | 83.9%-16.8pp | 86.8%-19.7pp | 67.6%-0.5pp |
| Annual return | 7.76% | 20.02%-12.3pp | 28.81%-21.1pp | 35.59%-27.8pp |
| Employer contribution / active EE | $2,302 | $4,850-52.5% | $6,427-64.2% | $2,755-16.4% |
| Participant deferral / active EE | $5,097 | $7,071-27.9% | $9,131-44.2% | $4,296+18.7% |
| Admin fee / account holder | $12,071 | $10,483+15.1% | $13,901-13.2% | $6,918+74.5% |