Filed March 30, 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 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.
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,327 | $57,610-49.1% | $154,803-81.1% | $102,872-71.5% |
| Participation rate | 8.2% | 59.5%-51.3pp | 78.1%-69.9pp | 73.0%-64.8pp |
| Annual return | 15.49% | 30.49%-15.0pp | 58.88%-43.4pp | 19.06%-3.6pp |
| Employer contribution / active EE | $123 | $1,883-93.5% | $4,305-97.1% | $3,526-96.5% |
| Participant deferral / active EE | $281 | $2,914-90.4% | $5,540-94.9% | $5,535-94.9% |
| Admin fee / account holder | $3,344 | $368+809.1% | $14,329-76.7% | $292+1044.4% |