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 | $208,296 | $56,317+269.9% | $71,209+192.5% | $74,304+180.3% |
| Participation rate | 65.4% | 55.1%+10.3pp | 73.8%-8.4pp | 60.3%+5.0pp |
| Annual return | 12.24% | 42.83%-30.6pp | 282.51%-270.3pp | 29.43%-17.2pp |
| Employer contribution / active EE | $6,846 | $2,160+216.9% | $2,721+151.6% | $2,241+205.5% |
| Participant deferral / active EE | $5,042 | $2,788+80.8% | $4,175+20.8% | $3,767+33.8% |
| Admin fee / account holder | $24,438 | $2,290+967.3% | $5,349+356.9% | $2,969+723.2% |