Filed February 22, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,604 | $48,076-1.0% | $78,689-39.5% | $62,891-24.3% |
| Participation rate | 95.3% | 65.2%+30.1pp | 73.6%+21.7pp | 69.3%+26.0pp |
| Annual return | 7.83% | 31.35%-23.5pp | 62.18%-54.3pp | 20.14%-12.3pp |
| Employer contribution / active EE | $5,257 | $2,015+160.9% | $2,851+84.4% | $2,281+130.5% |
| Participant deferral / active EE | $5,897 | $2,588+127.9% | $3,517+67.7% | $3,203+84.1% |
| Admin fee / account holder | $13,024 | $3,207+306.1% | $4,510+188.7% | $4,296+203.2% |