Filed April 19, 2022
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.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,971 | $58,778+41.2% | $129,207-35.8% | $77,643+6.9% |
| Participation rate | 18.4% | 59.2%-40.8pp | 69.6%-51.2pp | 70.6%-52.2pp |
| Annual return | 11.73% | 24.73%-13.0pp | 9417.33%-9405.6pp | 31.24%-19.5pp |
| Employer contribution / active EE | $447 | $1,952-77.1% | $4,153-89.2% | $2,726-83.6% |
| Participant deferral / active EE | $987 | $3,212-69.3% | $4,168-76.3% | $4,647-78.8% |
| Admin fee / account holder | $19,681 | $589+3239.0% | $7,715+155.1% | $430+4472.6% |