Filed October 23, 2023 (most recent of 4 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,530 | $110,094-5.1% | $151,611-31.1% | $68,494+52.6% |
| Participation rate | 87.8% | 84.0%+3.9pp | 87.5%+0.3pp | 67.9%+19.9pp |
| Annual return | -16.22% | -10.12%-6.1pp | 3.33%-19.6pp | -7.84%-8.4pp |
| Employer contribution / active EE | $1,272 | $4,471-71.5% | $6,166-79.4% | $2,596-51.0% |
| Participant deferral / active EE | $4,673 | $6,527-28.4% | $8,363-44.1% | $4,027+16.0% |
| Admin fee / account holder | $16,705 | $7,719+116.4% | $11,616+43.8% | $5,403+209.2% |