Filed October 17, 2024 (most recent of 5 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.
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 | $76,208 | $110,094-30.8% | $151,611-49.7% | $68,494+11.3% |
| Participation rate | 97.3% | 84.0%+13.4pp | 87.5%+9.8pp | 67.9%+29.4pp |
| Annual return | -9.53% | -10.12%+0.6pp | 3.33%-12.9pp | -7.84%-1.7pp |
| Employer contribution / active EE | $3,912 | $4,471-12.5% | $6,166-36.5% | $2,596+50.7% |
| Participant deferral / active EE | $2,604 | $6,527-60.1% | $8,363-68.9% | $4,027-35.3% |
| Admin fee / account holder | $6,636 | $7,719-14.0% | $11,616-42.9% | $5,403+22.8% |