Filed January 23, 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 | $65,340 | $87,841-25.6% | $133,980-51.2% | $62,891+3.9% |
| Participation rate | 74.3% | 83.4%-9.1pp | 87.1%-12.8pp | 69.3%+5.0pp |
| Annual return | 5.96% | 12.05%-6.1pp | 29.30%-23.3pp | 20.14%-14.2pp |
| Employer contribution / active EE | $1,554 | $3,483-55.4% | $5,211-70.2% | $2,281-31.9% |
| Participant deferral / active EE | $2,709 | $4,812-43.7% | $6,282-56.9% | $3,203-15.4% |
| Admin fee / account holder | $563 | $5,371-89.5% | $9,324-94.0% | $4,296-86.9% |