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 | $82,226 | $46,674+76.2% | $117,472-30.0% | $68,494+20.0% |
| Participation rate | 45.7% | 56.8%-11.1pp | 70.6%-24.9pp | 67.9%-22.2pp |
| Annual return | -13.61% | -14.52%+0.9pp | 29.74%-43.3pp | -7.84%-5.8pp |
| Employer contribution / active EE | $1,572 | $1,505+4.5% | $4,176-62.4% | $2,596-39.5% |
| Participant deferral / active EE | $3,329 | $2,636+26.3% | $4,070-18.2% | $4,027-17.3% |
| Admin fee / account holder | $7,705 | $4,020+91.7% | $5,645+36.5% | $5,403+42.6% |