Filed February 1, 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.
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 | $89,487 | $100,923-11.3% | $150,045-40.4% | $74,304+20.4% |
| Participation rate | 61.3% | 70.1%-8.8pp | 82.3%-21.0pp | 60.3%+0.9pp |
| Annual return | 15.31% | 51.77%-36.5pp | 62.55%-47.2pp | 29.43%-14.1pp |
| Employer contribution / active EE | $1,031 | $3,463-70.2% | $4,693-78.0% | $2,241-54.0% |
| Participant deferral / active EE | $2,198 | $6,709-67.2% | $7,997-72.5% | $3,767-41.6% |
| Admin fee / account holder | $10,269 | $2,767+271.1% | $13,435-23.6% | $2,969+245.9% |