Filed October 6, 2022 (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.
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 | $92,762 | $54,726+69.5% | $68,793+34.8% | $64,186+44.5% |
| Participation rate | 94.7% | 68.0%+26.7pp | 72.2%+22.5pp | 69.6%+25.2pp |
| Annual return | 4.67% | -1.62%+6.3pp | -4.63%+9.3pp | 7.63%-3.0pp |
| Employer contribution / active EE | $7,582 | $1,846+310.7% | $2,625+188.8% | $2,381+218.4% |
| Participant deferral / active EE | $5,015 | $2,626+91.0% | $3,311+51.5% | $3,470+44.5% |
| Admin fee / account holder | $21,470 | $4,027+433.2% | $5,131+318.5% | $4,888+339.2% |