Filed November 10, 2023 (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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,553 | $46,869+116.7% | $122,332-17.0% | $70,131+44.8% |
| Participation rate | 48.1% | 58.2%-10.1pp | 71.6%-23.5pp | 69.5%-21.4pp |
| Annual return | 17.18% | 24.22%-7.0pp | 30.27%-13.1pp | 73.14%-56.0pp |
| Employer contribution / active EE | $1,586 | $1,288+23.2% | $4,050-60.8% | $2,342-32.3% |
| Participant deferral / active EE | $2,501 | $2,166+15.5% | $3,287-23.9% | $3,332-24.9% |
| Admin fee / account holder | $11,602 | $3,322+249.2% | $5,478+111.8% | $4,645+149.8% |