Filed January 12, 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 | $123,638 | $123,793-0.1% | $177,821-30.5% | $79,858+54.8% |
| Participation rate | 98.6% | 84.7%+13.9pp | 87.7%+10.8pp | 69.6%+28.9pp |
| Annual return | 12.07% | 22.82%-10.8pp | 48.32%-36.3pp | 31.71%-19.6pp |
| Employer contribution / active EE | $6,339 | $4,095+54.8% | $5,918+7.1% | $2,471+156.6% |
| Participant deferral / active EE | $4,815 | $5,956-19.2% | $7,714-37.6% | $3,740+28.7% |
| Admin fee / account holder | $14,050 | $7,243+94.0% | $12,427+13.1% | $5,306+164.8% |