Filed November 5, 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 9-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,029 | $109,359-79.9% | $162,163-86.4% | $72,985-69.8% |
| Participation rate | 98.7% | 84.3%+14.5pp | 87.6%+11.2pp | 69.5%+29.2pp |
| Annual return | 20.45% | 25.46%-5.0pp | 115.59%-95.1pp | 81.00%-60.5pp |
| Employer contribution / active EE | $2,261 | $3,907-42.1% | $5,614-59.7% | $2,440-7.3% |
| Participant deferral / active EE | $1,165 | $5,481-78.7% | $7,298-84.0% | $3,607-67.7% |
| Admin fee / account holder | $3,288 | $7,972-58.8% | $10,843-69.7% | $5,124-35.8% |