Filed October 31, 2024 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $95,453-2.1% | $112,040-16.6% | $82,448+13.4% |
| Participation rate | 58.8% | 72.8%-13.9pp | 76.5%-17.7pp | 68.1%-9.2pp |
| Annual return | 17.26% | 23.92%-6.7pp | 24.52%-7.3pp | 41.64%-24.4pp |
| Employer contribution / active EE | $722 | $2,318-68.9% | $2,954-75.6% | $2,551-71.7% |
| Participant deferral / active EE | $2,240 | $4,224-47.0% | $5,098-56.1% | $4,139-45.9% |
| Admin fee / account holder | $15,207 | $9,013+68.7% | $12,098+25.7% | $7,234+110.2% |