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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $139,884 | $138,347+1.1% | $184,203-24.1% | $80,856+73.0% |
| Participation rate | 69.1% | 83.9%-14.8pp | 86.8%-17.7pp | 67.6%+1.5pp |
| Annual return | 11.69% | 20.02%-8.3pp | 28.81%-17.1pp | 35.59%-23.9pp |
| Employer contribution / active EE | $1,405 | $4,850-71.0% | $6,427-78.1% | $2,755-49.0% |
| Participant deferral / active EE | $5,030 | $7,071-28.9% | $9,131-44.9% | $4,296+17.1% |
| Admin fee / account holder | $9,199 | $10,483-12.3% | $13,901-33.8% | $6,918+33.0% |