Filed February 15, 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.
Participant 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 | $54,104 | $137,414-60.6% | $189,513-71.5% | $85,850-37.0% |
| Participation rate | 100.0% | 84.6%+15.4pp | 87.8%+12.2pp | 69.3%+30.7pp |
| Annual return | 19.21% | 38.14%-18.9pp | 555.15%-535.9pp | 318.53%-299.3pp |
| Employer contribution / active EE | $3,394 | $4,344-21.9% | $6,162-44.9% | $2,565+32.3% |
| Participant deferral / active EE | $2,684 | $6,260-57.1% | $8,221-67.4% | $3,952-32.1% |
| Admin fee / account holder | $3,978 | $8,630-53.9% | $12,045-67.0% | $6,260-36.5% |