Filed October 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $93,466 | $95,803-2.4% | $113,168-17.4% | $84,808+10.2% |
| Participation rate | 58.8% | 72.9%-14.0pp | 76.6%-17.7pp | 68.3%-9.5pp |
| Annual return | 17.26% | 25.00%-7.7pp | 24.27%-7.0pp | 40.90%-23.6pp |
| Employer contribution / active EE | $722 | $2,360-69.4% | $2,975-75.7% | $2,631-72.6% |
| Participant deferral / active EE | $2,240 | $4,242-47.2% | $5,107-56.1% | $4,212-46.8% |
| Admin fee / account holder | $15,207 | $8,989+69.2% | $12,068+26.0% | $7,344+107.1% |