Filed June 23, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,886 | $117,381-49.8% | $99,443-40.8% | $152,861-61.5% |
| Participation rate | 92.9% | 77.5%+15.3pp | 73.8%+19.0pp | 82.4%+10.4pp |
| Annual return | 22.49% | 31.87%-9.4pp | 30.72%-8.2pp | 345.32%-322.8pp |
| Employer contribution / active EE | $657 | $3,013-78.2% | $2,540-74.1% | $4,762-86.2% |
| Participant deferral / active EE | $6,853 | $4,086+67.7% | $3,619+89.4% | $5,850+17.1% |
| Admin fee / account holder | $1,278 | $7,631-83.3% | $6,250-79.6% | $11,596-89.0% |