Filed November 18, 2021
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,848 | $100,923-46.6% | $150,045-64.1% | $74,304-27.5% |
| Participation rate | 66.7% | 70.1%-3.4pp | 82.3%-15.7pp | 60.3%+6.3pp |
| Annual return | 22.98% | 51.77%-28.8pp | 62.55%-39.6pp | 29.43%-6.5pp |
| Employer contribution / active EE | $2,787 | $3,463-19.5% | $4,693-40.6% | $2,241+24.3% |
| Participant deferral / active EE | $8,707 | $6,709+29.8% | $7,997+8.9% | $3,767+131.1% |
| Admin fee / account holder | $1,699 | $2,767-38.6% | $13,435-87.4% | $2,969-42.8% |