Filed February 1, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,759 | $109,359-67.3% | $162,163-77.9% | $72,985-51.0% |
| Participation rate | 96.9% | 84.3%+12.6pp | 87.6%+9.3pp | 69.5%+27.4pp |
| Annual return | 19.81% | 25.46%-5.6pp | 115.59%-95.8pp | 81.00%-61.2pp |
| Employer contribution / active EE | $3,905 | $3,9070% | $5,614-30.4% | $2,440+60.1% |
| Participant deferral / active EE | $3,346 | $5,481-38.9% | $7,298-54.1% | $3,607-7.2% |
| Admin fee / account holder | $2,201 | $7,972-72.4% | $10,843-79.7% | $5,124-57.0% |