Filed June 23, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,475 | $121,625-56.9% | $104,607-49.8% | $158,922-67.0% |
| Participation rate | 66.7% | 77.5%-10.9pp | 74.1%-7.4pp | 82.0%-15.3pp |
| Annual return | 14.34% | 465.26%-450.9pp | 340.46%-326.1pp | 302.83%-288.5pp |
| Employer contribution / active EE | $404 | $3,163-87.2% | $2,681-84.9% | $4,761-91.5% |
| Participant deferral / active EE | $3,837 | $4,177-8.1% | $3,740+2.6% | $5,982-35.9% |
| Admin fee / account holder | $5,189 | $7,787-33.4% | $6,473-19.8% | $11,246-53.9% |