Filed March 13, 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 | $91,673 | $209,832-56.3% | $189,513-51.6% | $167,490-45.3% |
| Participation rate | 81.0% | 88.7%-7.7pp | 87.8%-6.9pp | 82.1%-1.2pp |
| Annual return | 9.27% | 748.27%-739.0pp | 555.15%-545.9pp | 478.56%-469.3pp |
| Employer contribution / active EE | $3,425 | $6,914-50.5% | $6,162-44.4% | $4,837-29.2% |
| Participant deferral / active EE | $2,440 | $8,935-72.7% | $8,221-70.3% | $6,341-61.5% |
| Admin fee / account holder | $52,300 | $14,293+265.9% | $12,045+334.2% | $12,309+324.9% |