Filed April 18, 2024 (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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,188 | $82,032-63.2% | $123,104-75.5% | $59,632-49.4% |
| Participation rate | 86.2% | 83.2%+3.0pp | 86.8%-0.6pp | 68.7%+17.5pp |
| Annual return | 1.31% | 5.12%-3.8pp | 13.22%-11.9pp | 2041.28%-2040.0pp |
| Employer contribution / active EE | $1,287 | $3,297-61.0% | $5,151-75.0% | $2,203-41.6% |
| Participant deferral / active EE | $2,238 | $4,667-52.0% | $6,230-64.1% | $3,192-29.9% |
| Admin fee / account holder | $6,025 | $5,881+2.5% | $9,015-33.2% | $4,297+40.2% |