Filed July 2, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,292 | $77,813-43.1% | $123,544-64.1% | $64,186-31.0% |
| Participation rate | 57.0% | 74.7%-17.7pp | 82.3%-25.3pp | 69.6%-12.6pp |
| Annual return | -8.74% | 12.48%-21.2pp | 119.20%-127.9pp | 7.63%-16.4pp |
| Employer contribution / active EE | $2,074 | $3,014-31.2% | $4,628-55.2% | $2,381-12.9% |
| Participant deferral / active EE | $4,166 | $5,240-20.5% | $6,426-35.2% | $3,470+20.1% |
| Admin fee / account holder | $1,817 | $5,519-67.1% | $9,284-80.4% | $4,888-62.8% |