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.
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 | $16,087 | $109,982-85.4% | $97,226-83.5% | $145,922-89.0% |
| Participation rate | 95.5% | 75.9%+19.5pp | 72.7%+22.8pp | 80.3%+15.2pp |
| Annual return | -119.85% | 242.90%-362.8pp | 75.13%-195.0pp | 561.29%-681.1pp |
| Employer contribution / active EE | $22,050 | $3,084+615.0% | $2,729+708.1% | $4,660+373.2% |
| Participant deferral / active EE | $0 | $4,676-100.0% | $4,264-100.0% | $6,688-100.0% |
| Admin fee / account holder | $17,602 | $6,221+183.0% | $5,654+211.3% | $13,397+31.4% |