Filed January 11, 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 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 | $123,186 | $137,414-10.4% | $189,513-35.0% | $85,850+43.5% |
| Participation rate | 63.9% | 84.6%-20.7pp | 87.8%-23.9pp | 69.3%-5.4pp |
| Annual return | 13.30% | 38.14%-24.8pp | 555.15%-541.9pp | 318.53%-305.2pp |
| Employer contribution / active EE | $2,892 | $4,344-33.4% | $6,162-53.1% | $2,565+12.8% |
| Participant deferral / active EE | $5,447 | $6,260-13.0% | $8,221-33.7% | $3,952+37.8% |
| Admin fee / account holder | $5,701 | $8,630-33.9% | $12,045-52.7% | $6,260-8.9% |