Filed December 16, 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.
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 | $70,507 | $54,762+28.8% | $90,281-21.9% | $72,985-3.4% |
| Participation rate | 100.0% | 65.1%+34.9pp | 73.3%+26.7pp | 69.5%+30.5pp |
| Annual return | 23.75% | 30.63%-6.9pp | 78.10%-54.3pp | 81.00%-57.2pp |
| Employer contribution / active EE | $3,331 | $2,092+59.2% | $2,854+16.7% | $2,440+36.5% |
| Participant deferral / active EE | $6,897 | $2,887+138.9% | $3,885+77.5% | $3,607+91.2% |
| Admin fee / account holder | $1,416 | $3,972-64.4% | $5,351-73.5% | $5,124-72.4% |