Filed April 19, 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.
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 | $9,972 | $153,772-93.5% | $133,980-92.6% | $273,961-96.4% |
| Participation rate | 73.3% | 88.4%-15.0pp | 87.1%-13.7pp | 83.0%-9.7pp |
| Annual return | 4.06% | 36.51%-32.5pp | 29.30%-25.2pp | 41.45%-37.4pp |
| Employer contribution / active EE | $867 | $6,029-85.6% | $5,211-83.4% | $4,869-82.2% |
| Participant deferral / active EE | $680 | $6,958-90.2% | $6,282-89.2% | $5,287-87.1% |
| Admin fee / account holder | $12,744 | $11,765+8.3% | $9,324+36.7% | $10,132+25.8% |