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 | $107,642 | $201,272-46.5% | $184,203-41.6% | $145,922-26.2% |
| Participation rate | 77.3% | 87.5%-10.2pp | 86.8%-9.5pp | 80.3%-3.0pp |
| Annual return | 11.00% | 29.00%-18.0pp | 28.81%-17.8pp | 561.29%-550.3pp |
| Employer contribution / active EE | $3,404 | $7,022-51.5% | $6,427-47.0% | $4,660-26.9% |
| Participant deferral / active EE | $2,921 | $9,806-70.2% | $9,131-68.0% | $6,688-56.3% |
| Admin fee / account holder | $6,943 | $16,364-57.6% | $13,901-50.1% | $13,397-48.2% |