Filed January 26, 2023 (most recent of 3 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 8-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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $11,463 | $78,422-85.4% | $95,952-88.1% | $79,858-85.6% |
| Participation rate | 81.9% | 73.5%+8.5pp | 77.1%+4.9pp | 69.6%+12.3pp |
| Annual return | -12.16% | 19.37%-31.5pp | 91.61%-103.8pp | 31.71%-43.9pp |
| Employer contribution / active EE | $1,720 | $1,945-11.6% | $2,541-32.3% | $2,471-30.4% |
| Participant deferral / active EE | $3,316 | $3,440-3.6% | $4,167-20.4% | $3,740-11.3% |
| Admin fee / account holder | $1,266 | $5,622-77.5% | $6,795-81.4% | $5,306-76.1% |