Filed September 6, 2019 (most recent of 3 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,803 | $100,041-20.2% | $149,718-46.7% | $70,131+13.8% |
| Participation rate | 57.5% | 83.6%-26.1pp | 87.1%-29.5pp | 69.5%-12.0pp |
| Annual return | 14.87% | 27.43%-12.6pp | 1501.63%-1486.8pp | 73.14%-58.3pp |
| Employer contribution / active EE | $1,247 | $3,662-65.9% | $5,445-77.1% | $2,342-46.8% |
| Participant deferral / active EE | $4,377 | $4,983-12.1% | $6,569-33.4% | $3,332+31.4% |
| Admin fee / account holder | $6,709 | $8,286-19.0% | $11,283-40.5% | $4,645+44.4% |