Filed February 3, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,942 | $54,762+69.7% | $90,281+2.9% | $72,985+27.3% |
| Participation rate | 100.0% | 65.1%+34.9pp | 73.3%+26.7pp | 69.5%+30.5pp |
| Annual return | 6.33% | 30.63%-24.3pp | 78.10%-71.8pp | 81.00%-74.7pp |
| Employer contribution / active EE | $5,008 | $2,092+139.3% | $2,854+75.4% | $2,440+105.2% |
| Participant deferral / active EE | $8,478 | $2,887+193.6% | $3,885+118.2% | $3,607+135.0% |
| Admin fee / account holder | $4,829 | $3,972+21.6% | $5,351-9.8% | $5,124-5.8% |