Filed May 9, 2022 (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.
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 | $34,462 | $108,825-68.3% | $156,181-77.9% | $82,448-58.2% |
| Participation rate | 96.7% | 72.4%+24.4pp | 78.8%+17.9pp | 68.1%+28.7pp |
| Annual return | -13.52% | 20.59%-34.1pp | 64.87%-78.4pp | 41.64%-55.2pp |
| Employer contribution / active EE | $15,389 | $2,870+436.2% | $4,294+258.4% | $2,551+503.3% |
| Participant deferral / active EE | $0 | $4,577-100.0% | $6,132-100.0% | $4,139-100.0% |
| Admin fee / account holder | $6,004 | $9,341-35.7% | $14,586-58.8% | $7,234-17.0% |