Filed January 12, 2024 (most recent of 2 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 | $78,079 | $51,604+51.3% | $129,295-39.6% | $80,874-3.5% |
| Participation rate | 46.7% | 57.0%-10.3pp | 69.6%-23.0pp | 67.6%-21.0pp |
| Annual return | 14.86% | 20.76%-5.9pp | 9429.28%-9414.4pp | 35.62%-20.8pp |
| Employer contribution / active EE | $1,075 | $1,585-32.2% | $4,157-74.1% | $2,756-61.0% |
| Participant deferral / active EE | $2,713 | $2,670+1.6% | $4,169-34.9% | $4,297-36.9% |
| Admin fee / account holder | $12,237 | $4,310+183.9% | $7,665+59.6% | $6,935+76.4% |