Filed October 11, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,924 | $138,347-24.2% | $184,203-43.0% | $80,856+29.8% |
| Participation rate | 86.3% | 83.9%+2.4pp | 86.8%-0.6pp | 67.6%+18.6pp |
| Annual return | 16.25% | 20.02%-3.8pp | 28.81%-12.6pp | 35.59%-19.3pp |
| Employer contribution / active EE | $1,346 | $4,850-72.3% | $6,427-79.1% | $2,755-51.2% |
| Participant deferral / active EE | $5,802 | $7,071-17.9% | $9,131-36.5% | $4,296+35.1% |
| Admin fee / account holder | $7,402 | $10,483-29.4% | $13,901-46.8% | $6,918+7.0% |