Filed September 21, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,323 | $185,822-77.2% | $169,993-75.1% | $139,434-69.6% |
| Participation rate | 76.2% | 87.8%-11.6pp | 87.0%-10.8pp | 80.3%-4.1pp |
| Annual return | 17.30% | 60.50%-43.2pp | 53.37%-36.1pp | 372.94%-355.6pp |
| Employer contribution / active EE | $727 | $7,590-90.4% | $6,785-89.3% | $4,751-84.7% |
| Participant deferral / active EE | $2,171 | $11,622-81.3% | $10,408-79.1% | $6,710-67.6% |
| Admin fee / account holder | $5,139 | $15,381-66.6% | $12,815-59.9% | $11,403-54.9% |