Filed February 26, 2024 (most recent of 3 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $198,658 | $60,323+229.3% | $81,812+142.8% | $74,495+166.7% |
| Participation rate | 65.4% | 62.9%+2.5pp | 72.3%-7.0pp | 67.2%-1.8pp |
| Annual return | 10.08% | 16.90%-6.8pp | 773.79%-763.7pp | 1364.94%-1354.9pp |
| Employer contribution / active EE | $5,938 | $2,620+126.6% | $2,912+103.9% | $2,623+126.4% |
| Participant deferral / active EE | $4,486 | $3,387+32.4% | $4,319+3.9% | $4,346+3.2% |
| Admin fee / account holder | $13,840 | $1,486+831.5% | $7,386+87.4% | $1,942+612.8% |