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 | $109,413-68.5% | $156,263-77.9% | $84,808-59.4% |
| Participation rate | 96.7% | 72.7%+24.0pp | 78.9%+17.8pp | 68.3%+28.4pp |
| Annual return | -13.52% | 20.18%-33.7pp | 59.47%-73.0pp | 40.90%-54.4pp |
| Employer contribution / active EE | $15,389 | $2,907+429.4% | $4,333+255.1% | $2,631+484.9% |
| Participant deferral / active EE | $0 | $4,590-100.0% | $6,158-100.0% | $4,212-100.0% |
| Admin fee / account holder | $6,004 | $9,357-35.8% | $14,255-57.9% | $7,344-18.2% |