Filed October 10, 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 | $138,407 | $65,365+111.7% | $92,893+49.0% | $72,985+89.6% |
| Participation rate | 60.0% | 68.3%-8.3pp | 76.0%-16.0pp | 69.5%-9.5pp |
| Annual return | 27.94% | 42.10%-14.2pp | 109.41%-81.5pp | 81.00%-53.1pp |
| Employer contribution / active EE | $3,555 | $2,594+37.0% | $3,653-2.7% | $2,440+45.7% |
| Participant deferral / active EE | $4,466 | $3,128+42.7% | $4,236+5.4% | $3,607+23.8% |
| Admin fee / account holder | $3,037 | $4,251-28.6% | $5,794-47.6% | $5,124-40.7% |