Filed November 3, 2022 (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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,443 | $34,308-40.4% | $74,701-72.6% | $72,985-72.0% |
| Participation rate | 98.0% | 42.4%+55.6pp | 54.5%+43.5pp | 69.5%+28.5pp |
| Annual return | 2.73% | 26.58%-23.9pp | 752.92%-750.2pp | 81.00%-78.3pp |
| Employer contribution / active EE | $2,857 | $692+313.1% | $1,084+163.7% | $2,440+17.1% |
| Participant deferral / active EE | $2,010 | $1,271+58.1% | $1,964+2.3% | $3,607-44.3% |
| Admin fee / account holder | $1,010 | $2,124-52.4% | $3,333-69.7% | $5,124-80.3% |