Filed May 29, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,378 | $109,359-56.7% | $162,163-70.8% | $72,985-35.1% |
| Participation rate | 81.8% | 84.3%-2.4pp | 87.6%-5.7pp | 69.5%+12.3pp |
| Annual return | 15.77% | 25.46%-9.7pp | 115.59%-99.8pp | 81.00%-65.2pp |
| Employer contribution / active EE | $1,482 | $3,907-62.1% | $5,614-73.6% | $2,440-39.3% |
| Participant deferral / active EE | $3,311 | $5,481-39.6% | $7,298-54.6% | $3,607-8.2% |
| Admin fee / account holder | $552 | $7,972-93.1% | $10,843-94.9% | $5,124-89.2% |