Filed January 30, 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.
Participant 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,029 | $132,049-18.2% | $200,582-46.1% | $74,304+45.4% |
| Participation rate | 73.9% | 84.1%-10.1pp | 86.9%-12.9pp | 60.3%+13.6pp |
| Annual return | 9.99% | 22.22%-12.2pp | 42.33%-32.3pp | 29.43%-19.4pp |
| Employer contribution / active EE | $2,515 | $4,558-44.8% | $6,419-60.8% | $2,241+12.2% |
| Participant deferral / active EE | $3,901 | $7,213-45.9% | $9,331-58.2% | $3,767+3.5% |
| Admin fee / account holder | $3,343 | $2,405+39.0% | $16,305-79.5% | $2,969+12.6% |