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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,988 | $138,347-61.7% | $184,203-71.2% | $80,856-34.5% |
| Participation rate | 89.7% | 83.9%+5.8pp | 86.8%+2.9pp | 67.6%+22.1pp |
| Annual return | 10.62% | 20.02%-9.4pp | 28.81%-18.2pp | 35.59%-25.0pp |
| Employer contribution / active EE | $2,497 | $4,850-48.5% | $6,427-61.2% | $2,755-9.4% |
| Participant deferral / active EE | $2,294 | $7,071-67.6% | $9,131-74.9% | $4,296-46.6% |
| Admin fee / account holder | $2,205 | $10,483-79.0% | $13,901-84.1% | $6,918-68.1% |