Filed April 24, 2023 (most recent of 3 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 | $241,501 | $77,813+210.4% | $123,544+95.5% | $64,186+276.3% |
| Participation rate | 97.8% | 74.7%+23.1pp | 82.3%+15.5pp | 69.6%+28.3pp |
| Annual return | -4.38% | 12.48%-16.9pp | 119.20%-123.6pp | 7.63%-12.0pp |
| Employer contribution / active EE | $16,982 | $3,014+463.5% | $4,628+267.0% | $2,381+613.3% |
| Participant deferral / active EE | $12,171 | $5,240+132.3% | $6,426+89.4% | $3,470+250.8% |
| Admin fee / account holder | $13,622 | $5,519+146.8% | $9,284+46.7% | $4,888+178.7% |