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 | $79,279 | $48,570+63.2% | $130,648-39.3% | $72,985+8.6% |
| Participation rate | 68.9% | 58.6%+10.3pp | 71.7%-2.8pp | 69.5%-0.6pp |
| Annual return | 22.24% | 38.63%-16.4pp | 1708.96%-1686.7pp | 81.00%-58.8pp |
| Employer contribution / active EE | $2,125 | $1,334+59.3% | $4,092-48.1% | $2,440-12.9% |
| Participant deferral / active EE | $3,360 | $2,384+41.0% | $3,603-6.7% | $3,607-6.9% |
| Admin fee / account holder | $1,711 | $3,549-51.8% | $5,464-68.7% | $5,124-66.6% |