Filed November 2, 2023 (most recent of 4 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.
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 | $20,438 | $94,529-78.4% | $140,016-85.4% | $64,186-68.2% |
| Participation rate | 80.8% | 84.1%-3.3pp | 87.5%-6.7pp | 69.6%+11.2pp |
| Annual return | -1.49% | 7.77%-9.3pp | 651.12%-652.6pp | 7.63%-9.1pp |
| Employer contribution / active EE | $1,565 | $3,812-59.0% | $5,606-72.1% | $2,381-34.3% |
| Participant deferral / active EE | $2,966 | $5,250-43.5% | $6,927-57.2% | $3,470-14.5% |
| Admin fee / account holder | $1,444 | $6,741-78.6% | $10,705-86.5% | $4,888-70.4% |