Filed October 6, 2023 (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 4-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 | $35,459 | $39,122-9.4% | $57,179-38.0% | $62,891-43.6% |
| Participation rate | 87.0% | 70.5%+16.5pp | 75.3%+11.6pp | 69.3%+17.7pp |
| Annual return | 0.04% | 9.23%-9.2pp | 14.59%-14.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $0 | $1,874-100.0% | $2,682-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $4,274 | $2,374+80.0% | $3,096+38.0% | $3,203+33.4% |
| Admin fee / account holder | $579 | $2,592-77.7% | $3,139-81.6% | $4,296-86.5% |