Filed April 20, 2023 (most recent of 3 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 5-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,143 | $110,094-69.9% | $151,611-78.1% | $68,494-51.6% |
| Participation rate | 91.5% | 84.0%+7.6pp | 87.5%+4.0pp | 67.9%+23.6pp |
| Annual return | -17.72% | -10.12%-7.6pp | 3.33%-21.1pp | -7.84%-9.9pp |
| Employer contribution / active EE | $1,755 | $4,471-60.7% | $6,166-71.5% | $2,596-32.4% |
| Participant deferral / active EE | $2,842 | $6,527-56.5% | $8,363-66.0% | $4,027-29.4% |
| Admin fee / account holder | $1,875 | $7,719-75.7% | $11,616-83.9% | $5,403-65.3% |