Filed January 31, 2024 (most recent of 2 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.
Participant 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 | $97,655 | $197,591-50.6% | $177,821-45.1% | $158,922-38.6% |
| Participation rate | 75.0% | 88.5%-13.5pp | 87.7%-12.7pp | 82.0%-7.0pp |
| Annual return | 7.32% | 58.76%-51.4pp | 48.32%-41.0pp | 302.83%-295.5pp |
| Employer contribution / active EE | $1,897 | $6,697-71.7% | $5,918-67.9% | $4,761-60.2% |
| Participant deferral / active EE | $2,582 | $8,405-69.3% | $7,714-66.5% | $5,982-56.8% |
| Admin fee / account holder | $7,069 | $15,399-54.1% | $12,427-43.1% | $11,246-37.1% |