Filed March 20, 2024
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,282 | $68,914-3.8% | $136,749-51.5% | $74,304-10.8% |
| Participation rate | 64.3% | 51.3%+13.0pp | 72.1%-7.8pp | 60.3%+4.0pp |
| Annual return | 15.44% | 16.34%-0.9pp | 24.33%-8.9pp | 29.43%-14.0pp |
| Employer contribution / active EE | $1,092 | $1,561-30.1% | $3,400-67.9% | $2,241-51.3% |
| Participant deferral / active EE | $3,625 | $2,541+42.7% | $4,692-22.7% | $3,767-3.8% |
| Admin fee / account holder | $1,591 | $3,149-49.5% | $11,386-86.0% | $2,969-46.4% |