Filed November 18, 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 9-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,856 | $130,194-84.0% | $169,993-87.7% | $71,457-70.8% |
| Participation rate | 78.0% | 86.1%-8.2pp | 87.0%-9.0pp | 67.9%+10.0pp |
| Annual return | 11.97% | 20.37%-8.4pp | 53.37%-41.4pp | 28.85%-16.9pp |
| Employer contribution / active EE | $0 | $4,381-100.0% | $6,785-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $2,296 | $6,923-66.8% | $10,408-77.9% | $4,289-46.5% |
| Admin fee / account holder | $10,412 | $966+978.3% | $12,815-18.8% | $1,587+555.9% |