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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $38,461 | $148,978-74.2% | $200,582-80.8% | $84,808-54.6% |
| Participation rate | 77.8% | 84.2%-6.5pp | 86.9%-9.1pp | 68.3%+9.5pp |
| Annual return | 11.96% | 28.16%-16.2pp | 42.33%-30.4pp | 40.90%-28.9pp |
| Employer contribution / active EE | $3,909 | $4,815-18.8% | $6,419-39.1% | $2,631+48.6% |
| Participant deferral / active EE | $4,354 | $7,142-39.0% | $9,331-53.3% | $4,212+3.4% |
| Admin fee / account holder | $6,117 | $13,977-56.2% | $16,305-62.5% | $7,344-16.7% |