Filed November 30, 2022
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,013 | $107,846-43.4% | $119,609-49.0% | - |
| Participation rate | 96.0% | 78.0%+18.0pp | 79.3%+16.7pp | - |
| Annual return | -14.58% | -15.20%+0.6pp | -14.97%+0.4pp | - |
| Employer contribution / active EE | $5,041 | $2,838+77.6% | $4,232+19.1% | - |
| Participant deferral / active EE | $494 | $4,531-89.1% | $5,602-91.2% | - |
| Admin fee / account holder | $32,549 | $73,538-55.7% | $10,323+215.3% | - |