Filed July 7, 2022 (most recent of 4 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,739 | $137,414-68.9% | $189,513-77.4% | $85,850-50.2% |
| Participation rate | 85.2% | 84.6%+0.6pp | 87.8%-2.6pp | 69.3%+15.9pp |
| Annual return | 10.89% | 38.14%-27.3pp | 555.15%-544.3pp | 318.53%-307.6pp |
| Employer contribution / active EE | $1,679 | $4,344-61.4% | $6,162-72.7% | $2,565-34.5% |
| Participant deferral / active EE | $2,542 | $6,260-59.4% | $8,221-69.1% | $3,952-35.7% |
| Admin fee / account holder | $22,773 | $8,630+163.9% | $12,045+89.1% | $6,260+263.8% |