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 | $26,085 | $125,758-79.3% | $169,993-84.7% | $75,163-65.3% |
| Participation rate | 80.0% | 83.6%-3.6pp | 87.0%-7.0pp | 67.2%+12.8pp |
| Annual return | 24.26% | 27.20%-2.9pp | 53.37%-29.1pp | 160.62%-136.4pp |
| Employer contribution / active EE | $3,939 | $4,615-14.6% | $6,785-42.0% | $2,670+47.5% |
| Participant deferral / active EE | $2,552 | $6,837-62.7% | $10,408-75.5% | $4,125-38.1% |
| Admin fee / account holder | $3,999 | $8,173-51.1% | $12,815-68.8% | $5,651-29.2% |