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 | $104,366 | $148,978-29.9% | $200,582-48.0% | $84,808+23.1% |
| Participation rate | 90.0% | 84.2%+5.8pp | 86.9%+3.1pp | 68.3%+21.7pp |
| Annual return | 12.65% | 28.16%-15.5pp | 42.33%-29.7pp | 40.90%-28.3pp |
| Employer contribution / active EE | $3,926 | $4,815-18.5% | $6,419-38.8% | $2,631+49.2% |
| Participant deferral / active EE | $2,121 | $7,142-70.3% | $9,331-77.3% | $4,212-49.6% |
| Admin fee / account holder | $6,038 | $13,977-56.8% | $16,305-63.0% | $7,344-17.8% |