Filed March 9, 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 | $89,361 | $58,234+53.5% | $81,783+9.3% | $80,874+10.5% |
| Participation rate | 91.4% | 63.4%+28.0pp | 72.4%+19.1pp | 67.6%+23.8pp |
| Annual return | 15.82% | 41.70%-25.9pp | 775.05%-759.2pp | 35.62%-19.8pp |
| Employer contribution / active EE | $7,269 | $2,341+210.4% | $2,913+149.6% | $2,756+163.8% |
| Participant deferral / active EE | $3,912 | $3,283+19.2% | $4,320-9.5% | $4,297-9.0% |
| Admin fee / account holder | $14,831 | $4,982+197.7% | $7,380+101.0% | $6,935+113.9% |