Filed December 18, 2023
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,155 | $50,666-54.3% | $76,817-69.9% | $65,185-64.5% |
| Participation rate | 63.6% | 68.8%-5.2pp | 72.1%-8.4pp | 70.2%-6.6pp |
| Annual return | 33.61% | 28.51%+5.1pp | 1166.11%-1132.5pp | 29.38%+4.2pp |
| Employer contribution / active EE | $1,161 | $1,575-26.3% | $2,302-49.6% | $2,177-46.7% |
| Participant deferral / active EE | $2,624 | $2,647-0.9% | $3,336-21.3% | $3,514-25.3% |
| Admin fee / account holder | $5,381 | $463+1062.2% | $6,420-16.2% | $847+535.2% |