Filed June 8, 2023 (most recent of 4 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.
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 | $56,408 | $138,347-59.2% | $184,203-69.4% | $80,856-30.2% |
| Participation rate | 78.3% | 83.9%-5.6pp | 86.8%-8.6pp | 67.6%+10.6pp |
| Annual return | 6.79% | 20.02%-13.2pp | 28.81%-22.0pp | 35.59%-28.8pp |
| Employer contribution / active EE | $2,961 | $4,850-38.9% | $6,427-53.9% | $2,755+7.5% |
| Participant deferral / active EE | $4,396 | $7,071-37.8% | $9,131-51.9% | $4,296+2.3% |
| Admin fee / account holder | $11,612 | $10,483+10.8% | $13,901-16.5% | $6,918+67.8% |