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 | $41,194 | $110,094-62.6% | $151,611-72.8% | $68,494-39.9% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -17.80% | -10.12%-7.7pp | 3.33%-21.1pp | -7.84%-10.0pp |
| Employer contribution / active EE | $5,300 | $4,471+18.6% | $6,166-14.0% | $2,596+104.1% |
| Participant deferral / active EE | $2,823 | $6,527-56.8% | $8,363-66.2% | $4,027-29.9% |
| Admin fee / account holder | $5,965 | $7,719-22.7% | $11,616-48.7% | $5,403+10.4% |