Filed January 10, 2023 (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.
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 | $73,383 | $123,793-40.7% | $177,821-58.7% | $79,858-8.1% |
| Participation rate | 93.8% | 84.7%+9.2pp | 87.7%+6.1pp | 69.6%+24.2pp |
| Annual return | 25.57% | 22.82%+2.8pp | 48.32%-22.7pp | 31.71%-6.1pp |
| Employer contribution / active EE | $2,506 | $4,095-38.8% | $5,918-57.7% | $2,471+1.4% |
| Participant deferral / active EE | $3,023 | $5,956-49.2% | $7,714-60.8% | $3,740-19.2% |
| Admin fee / account holder | $3,048 | $7,243-57.9% | $12,427-75.5% | $5,306-42.6% |