Filed March 6, 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 | $68,419 | $43,723+56.5% | $121,196-43.5% | $64,186+6.6% |
| Participation rate | 67.7% | 58.3%+9.4pp | 71.7%-4.1pp | 69.6%-1.9pp |
| Annual return | -6.89% | 68.91%-75.8pp | 16.93%-23.8pp | 7.63%-14.5pp |
| Employer contribution / active EE | $2,175 | $1,296+67.8% | $4,022-45.9% | $2,381-8.6% |
| Participant deferral / active EE | $3,871 | $2,280+69.8% | $3,344+15.8% | $3,470+11.6% |
| Admin fee / account holder | $2,616 | $3,501-25.3% | $5,019-47.9% | $4,888-46.5% |