Filed July 21, 2021 (most recent of 4 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 | $62,656 | $100,041-37.4% | $149,718-58.2% | $70,131-10.7% |
| Participation rate | 69.0% | 83.6%-14.6pp | 87.1%-18.1pp | 69.5%-0.6pp |
| Annual return | 12.60% | 27.43%-14.8pp | 1501.63%-1489.0pp | 73.14%-60.5pp |
| Employer contribution / active EE | $1,337 | $3,662-63.5% | $5,445-75.4% | $2,342-42.9% |
| Participant deferral / active EE | $4,229 | $4,983-15.1% | $6,569-35.6% | $3,332+26.9% |
| Admin fee / account holder | $4,885 | $8,286-41.1% | $11,283-56.7% | $4,645+5.2% |