Filed February 16, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $220,288 | $52,681+318.2% | $75,781+190.7% | $59,632+269.4% |
| Participation rate | 89.9% | 67.2%+22.6pp | 75.8%+14.1pp | 68.7%+21.2pp |
| Annual return | 0.34% | 2.95%-2.6pp | 9.68%-9.3pp | 2041.28%-2040.9pp |
| Employer contribution / active EE | $16,631 | $2,193+658.2% | $3,323+400.4% | $2,203+655.1% |
| Participant deferral / active EE | $3,543 | $2,591+36.8% | $3,651-3.0% | $3,192+11.0% |
| Admin fee / account holder | $4,515 | $3,610+25.1% | $5,299-14.8% | $4,297+5.1% |