Filed November 23, 2021 (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 9-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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,462 | $45,073-41.3% | $69,455-61.9% | $72,985-63.7% |
| Participation rate | 86.9% | 68.5%+18.4pp | 74.6%+12.3pp | 69.5%+17.4pp |
| Annual return | 7.64% | 22.65%-15.0pp | 28.97%-21.3pp | 81.00%-73.4pp |
| Employer contribution / active EE | $1,356 | $2,054-34.0% | $2,779-51.2% | $2,440-44.4% |
| Participant deferral / active EE | $2,716 | $2,602+4.4% | $3,535-23.2% | $3,607-24.7% |
| Admin fee / account holder | $503 | $3,056-83.5% | $3,839-86.9% | $5,124-90.2% |