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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $22,073 | $89,739-75.4% | $149,718-85.3% | $62,292-64.6% |
| Participation rate | 91.9% | 85.1%+6.8pp | 87.1%+4.8pp | 69.5%+22.4pp |
| Annual return | 16.34% | 21.01%-4.7pp | 1501.63%-1485.3pp | 28.90%-12.6pp |
| Employer contribution / active EE | $1,111 | $3,233-65.6% | $5,445-79.6% | $2,042-45.6% |
| Participant deferral / active EE | $2,337 | $4,797-51.3% | $6,569-64.4% | $3,169-26.3% |
| Admin fee / account holder | $7,817 | $551+1318.1% | $11,283-30.7% | $479+1530.8% |