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 | $91,707 | $49,173+86.5% | $121,098-24.3% | $75,163+22.0% |
| Participation rate | 44.9% | 55.4%-10.5pp | 69.5%-24.6pp | 67.2%-22.3pp |
| Annual return | 13.80% | 55.99%-42.2pp | 985.75%-971.9pp | 160.62%-146.8pp |
| Employer contribution / active EE | $1,877 | $1,546+21.4% | $4,164-54.9% | $2,670-29.7% |
| Participant deferral / active EE | $4,080 | $2,628+55.3% | $4,0800% | $4,125-1.1% |
| Admin fee / account holder | $9,801 | $3,942+148.6% | $5,644+73.6% | $5,651+73.4% |