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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,431 | $64,839+30.2% | $95,585-11.7% | $84,808-0.4% |
| Participation rate | 80.0% | 63.8%+16.2pp | 72.1%+7.9pp | 68.3%+11.7pp |
| Annual return | 12.94% | -670.96%+683.9pp | 38.56%-25.6pp | 40.90%-28.0pp |
| Employer contribution / active EE | $427 | $1,759-75.7% | $2,527-83.1% | $2,631-83.8% |
| Participant deferral / active EE | $4,715 | $2,965+59.0% | $4,023+17.2% | $4,212+12.0% |
| Admin fee / account holder | $3,889 | $5,964-34.8% | $6,127-36.5% | $7,344-47.0% |