Filed April 18, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,733 | $94,529-71.7% | $140,016-80.9% | $64,186-58.3% |
| Participation rate | 88.2% | 84.1%+4.1pp | 87.5%+0.7pp | 69.6%+18.7pp |
| Annual return | 11.97% | 7.77%+4.2pp | 651.12%-639.2pp | 7.63%+4.3pp |
| Employer contribution / active EE | $486 | $3,812-87.2% | $5,606-91.3% | $2,381-79.6% |
| Participant deferral / active EE | $2,501 | $5,250-52.4% | $6,927-63.9% | $3,470-27.9% |
| Admin fee / account holder | $6,921 | $6,741+2.7% | $10,705-35.4% | $4,888+41.6% |