Filed March 17, 2020 (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 | $143,167 | $42,894+233.8% | $60,874+135.2% | $68,494+109.0% |
| Participation rate | 69.6% | 66.8%+2.8pp | 73.1%-3.5pp | 67.9%+1.7pp |
| Annual return | -13.71% | -13.98%+0.3pp | 16.90%-30.6pp | -7.84%-5.9pp |
| Employer contribution / active EE | $3,379 | $1,978+70.8% | $2,701+25.1% | $2,596+30.2% |
| Participant deferral / active EE | $2,851 | $2,867-0.6% | $3,817-25.3% | $4,027-29.2% |
| Admin fee / account holder | $33,954 | $3,101+995.0% | $3,224+953.1% | $5,403+528.5% |