Filed June 10, 2021 (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 5-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.)
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 | $23,867 | $137,414-82.6% | $189,513-87.4% | $85,850-72.2% |
| Participation rate | 88.0% | 84.6%+3.4pp | 87.8%+0.2pp | 69.3%+18.7pp |
| Annual return | 0.00% | 38.14%-38.1pp | 555.15%-555.2pp | 318.53%-318.5pp |
| Employer contribution / active EE | $946 | $4,344-78.2% | $6,162-84.7% | $2,565-63.1% |
| Participant deferral / active EE | $2,644 | $6,260-57.8% | $8,221-67.8% | $3,952-33.1% |
| Admin fee / account holder | $851 | $8,630-90.1% | $12,045-92.9% | $6,260-86.4% |