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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,840 | $63,764+34.6% | $81,930+4.8% | $79,858+7.5% |
| Participation rate | 87.3% | 67.5%+19.8pp | 72.0%+15.3pp | 69.6%+17.7pp |
| Annual return | 6.79% | 22.66%-15.9pp | 29.49%-22.7pp | 31.71%-24.9pp |
| Employer contribution / active EE | $6,361 | $1,795+254.3% | $4,310+47.6% | $2,471+157.4% |
| Participant deferral / active EE | $3,497 | $2,780+25.8% | $7,107-50.8% | $3,740-6.5% |
| Admin fee / account holder | $6,351 | $4,426+43.5% | $5,158+23.1% | $5,306+19.7% |