Filed December 18, 2023 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $127,101 | $209,832-39.4% | $189,513-32.9% | $167,490-24.1% |
| Participation rate | 56.3% | 88.7%-32.4pp | 87.8%-31.6pp | 82.1%-25.9pp |
| Annual return | 5.30% | 748.27%-743.0pp | 555.15%-549.9pp | 478.56%-473.3pp |
| Employer contribution / active EE | $1,643 | $6,914-76.2% | $6,162-73.3% | $4,837-66.0% |
| Participant deferral / active EE | $4,140 | $8,935-53.7% | $8,221-49.6% | $6,341-34.7% |
| Admin fee / account holder | $3,675 | $14,293-74.3% | $12,045-69.5% | $12,309-70.1% |