Filed November 13, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $28,065 | $100,041-71.9% | $149,718-81.3% | $70,131-60.0% |
| Participation rate | 81.5% | 83.6%-2.1pp | 87.1%-5.6pp | 69.5%+11.9pp |
| Annual return | 14.72% | 27.43%-12.7pp | 1501.63%-1486.9pp | 73.14%-58.4pp |
| Employer contribution / active EE | $538 | $3,662-85.3% | $5,445-90.1% | $2,342-77.1% |
| Participant deferral / active EE | $863 | $4,983-82.7% | $6,569-86.9% | $3,332-74.1% |
| Admin fee / account holder | $604 | $8,286-92.7% | $11,283-94.6% | $4,645-87.0% |