Filed January 13, 2021 (most recent of 4 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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,754 | $87,841-60.4% | $133,980-74.1% | $62,891-44.7% |
| Participation rate | 94.7% | 83.4%+11.4pp | 87.1%+7.7pp | 69.3%+25.4pp |
| Annual return | 5.47% | 12.05%-6.6pp | 29.30%-23.8pp | 20.14%-14.7pp |
| Employer contribution / active EE | $0 | $3,483-100.0% | $5,211-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $6,835 | $4,812+42.0% | $6,282+8.8% | $3,203+113.4% |
| Admin fee / account holder | $7,587 | $5,371+41.3% | $9,324-18.6% | $4,296+76.6% |