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.
Employer 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 | $45,874 | $125,758-63.5% | $169,993-73.0% | $75,163-39.0% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.0%+13.0pp | 67.2%+32.8pp |
| Annual return | 15.27% | 27.20%-11.9pp | 53.37%-38.1pp | 160.62%-145.4pp |
| Employer contribution / active EE | $1,240 | $4,615-73.1% | $6,785-81.7% | $2,670-53.6% |
| Participant deferral / active EE | $2,780 | $6,837-59.3% | $10,408-73.3% | $4,125-32.6% |
| Admin fee / account holder | $3,943 | $8,173-51.8% | $12,815-69.2% | $5,651-30.2% |