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 | $70,211 | $94,529-25.7% | $140,016-49.9% | $64,186+9.4% |
| Participation rate | 69.0% | 84.1%-15.1pp | 87.5%-18.5pp | 69.6%-0.6pp |
| Annual return | -3.55% | 7.77%-11.3pp | 651.12%-654.7pp | 7.63%-11.2pp |
| Employer contribution / active EE | $1,218 | $3,812-68.0% | $5,606-78.3% | $2,381-48.8% |
| Participant deferral / active EE | $4,526 | $5,250-13.8% | $6,927-34.7% | $3,470+30.5% |
| Admin fee / account holder | $3,450 | $6,741-48.8% | $10,705-67.8% | $4,888-29.4% |