Filed October 25, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $31,811 | $148,978-78.6% | $200,582-84.1% | $84,808-62.5% |
| Participation rate | 93.0% | 84.2%+8.8pp | 86.9%+6.1pp | 68.3%+24.7pp |
| Annual return | 20.57% | 28.16%-7.6pp | 42.33%-21.8pp | 40.90%-20.3pp |
| Employer contribution / active EE | $1,662 | $4,815-65.5% | $6,419-74.1% | $2,631-36.8% |
| Participant deferral / active EE | $2,095 | $7,142-70.7% | $9,331-77.6% | $4,212-50.3% |
| Admin fee / account holder | $2,550 | $13,977-81.8% | $16,305-84.4% | $7,344-65.3% |