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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,388 | $100,041-43.6% | $149,718-62.3% | $70,131-19.6% |
| Participation rate | 97.2% | 83.6%+13.6pp | 87.1%+10.2pp | 69.5%+27.7pp |
| Annual return | 2.95% | 27.43%-24.5pp | 1501.63%-1498.7pp | 73.14%-70.2pp |
| Employer contribution / active EE | $1,685 | $3,662-54.0% | $5,445-69.0% | $2,342-28.1% |
| Participant deferral / active EE | $3,099 | $4,983-37.8% | $6,569-52.8% | $3,332-7.0% |
| Admin fee / account holder | $7,864 | $8,286-5.1% | $11,283-30.3% | $4,645+69.3% |