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 | $63,577 | $109,359-41.9% | $162,163-60.8% | $72,985-12.9% |
| Participation rate | 73.8% | 84.3%-10.4pp | 87.6%-13.7pp | 69.5%+4.3pp |
| Annual return | 22.42% | 25.46%-3.0pp | 115.59%-93.2pp | 81.00%-58.6pp |
| Employer contribution / active EE | $1,698 | $3,907-56.5% | $5,614-69.8% | $2,440-30.4% |
| Participant deferral / active EE | $2,994 | $5,481-45.4% | $7,298-59.0% | $3,607-17.0% |
| Admin fee / account holder | $8,714 | $7,972+9.3% | $10,843-19.6% | $5,124+70.0% |