Filed June 11, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,584 | $99,020-88.3% | $86,590-86.6% | $147,584-92.2% |
| Participation rate | 100.0% | 76.3%+23.7pp | 73.5%+26.5pp | 82.8%+17.2pp |
| Annual return | 10.79% | 1312.34%-1301.5pp | 964.84%-954.0pp | 578.55%-567.8pp |
| Employer contribution / active EE | $1,297 | $3,132-58.6% | $2,839-54.3% | $4,876-73.4% |
| Participant deferral / active EE | $1,876 | $3,972-52.8% | $3,609-48.0% | $5,439-65.5% |
| Admin fee / account holder | $2,740 | $5,710-52.0% | $4,906-44.2% | $10,885-74.8% |