Filed July 28, 2022 (most recent of 8 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,588 | $146,267-64.0% | $197,124-73.3% | $82,448-36.2% |
| Participation rate | 88.9% | 84.0%+4.9pp | 86.7%+2.2pp | 68.1%+20.8pp |
| Annual return | 17.05% | 29.61%-12.6pp | 44.34%-27.3pp | 41.64%-24.6pp |
| Employer contribution / active EE | $5,020 | $4,723+6.3% | $6,227-19.4% | $2,551+96.8% |
| Participant deferral / active EE | $6,638 | $7,035-5.6% | $9,135-27.3% | $4,139+60.4% |
| Admin fee / account holder | $8,979 | $14,422-37.7% | $16,298-44.9% | $7,234+24.1% |