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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,375 | $109,359-24.7% | $162,163-49.2% | $72,985+12.9% |
| Participation rate | 69.7% | 84.3%-14.6pp | 87.6%-17.9pp | 69.5%+0.2pp |
| Annual return | 17.43% | 25.46%-8.0pp | 115.59%-98.2pp | 81.00%-63.6pp |
| Employer contribution / active EE | $1,337 | $3,907-65.8% | $5,614-76.2% | $2,440-45.2% |
| Participant deferral / active EE | $4,424 | $5,481-19.3% | $7,298-39.4% | $3,607+22.6% |
| Admin fee / account holder | $2,015 | $7,972-74.7% | $10,843-81.4% | $5,124-60.7% |