Filed November 21, 2022 (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 | $62,976 | $57,354+9.8% | $83,848-24.9% | $64,186-1.9% |
| Participation rate | 90.6% | 68.6%+22.0pp | 76.1%+14.4pp | 69.6%+21.0pp |
| Annual return | 19.53% | 11.38%+8.1pp | 850.88%-831.4pp | 7.63%+11.9pp |
| Employer contribution / active EE | $1,010 | $2,545-60.3% | $3,631-72.2% | $2,381-57.6% |
| Participant deferral / active EE | $5,646 | $2,993+88.7% | $4,082+38.3% | $3,470+62.7% |
| Admin fee / account holder | $4,119 | $4,046+1.8% | $5,478-24.8% | $4,888-15.7% |