Filed August 10, 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 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 | $154,502 | $91,552+68.8% | $133,956+15.3% | $79,858+93.5% |
| Participation rate | 73.0% | 73.3%-0.4pp | 79.8%-6.9pp | 69.6%+3.3pp |
| Annual return | 9.80% | 61.85%-52.0pp | 45.09%-35.3pp | 31.71%-21.9pp |
| Employer contribution / active EE | $4,163 | $2,384+74.7% | $3,919+6.2% | $2,471+68.5% |
| Participant deferral / active EE | $7,092 | $3,733+90.0% | $5,048+40.5% | $3,740+89.6% |
| Admin fee / account holder | $4,821 | $6,321-23.7% | $8,927-46.0% | $5,306-9.2% |