Filed February 8, 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 | $39,652 | $79,523-50.1% | $140,016-71.7% | $56,287-29.6% |
| Participation rate | 99.1% | 85.7%+13.3pp | 87.5%+11.6pp | 69.9%+29.2pp |
| Annual return | -1.98% | 2.39%-4.4pp | 651.12%-653.1pp | -9.96%+8.0pp |
| Employer contribution / active EE | $2,582 | $3,350-22.9% | $5,606-53.9% | $2,111+22.3% |
| Participant deferral / active EE | $3,185 | $5,129-37.9% | $6,927-54.0% | $3,350-4.9% |
| Admin fee / account holder | $4,712 | $614+667.0% | $10,705-56.0% | $521+804.5% |