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 | $37,611 | $45,035-16.5% | $62,995-40.3% | $70,131-46.4% |
| Participation rate | 94.2% | 69.5%+24.7pp | 74.8%+19.4pp | 69.5%+24.7pp |
| Annual return | 10.14% | 18.76%-8.6pp | 87.57%-77.4pp | 73.14%-63.0pp |
| Employer contribution / active EE | $0 | $2,051-100.0% | $2,759-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $4,836 | $2,465+96.2% | $3,329+45.2% | $3,332+45.1% |
| Admin fee / account holder | $336 | $2,834-88.1% | $3,600-90.7% | $4,645-92.8% |