Filed January 14, 2022 (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 8-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 | $64,615 | $91,190-29.1% | $178,490-63.8% | $79,858-19.1% |
| Participation rate | 67.8% | 69.2%-1.4pp | 81.9%-14.1pp | 69.6%-1.9pp |
| Annual return | 18.40% | 24.19%-5.8pp | 151.07%-132.7pp | 31.71%-13.3pp |
| Employer contribution / active EE | $2,080 | $3,256-36.1% | $5,011-58.5% | $2,471-15.8% |
| Participant deferral / active EE | $3,566 | $3,236+10.2% | $5,202-31.5% | $3,740-4.7% |
| Admin fee / account holder | $4,911 | $6,751-27.3% | $13,984-64.9% | $5,306-7.4% |