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 | $119,274 | $68,719+73.6% | $91,541+30.3% | $84,808+40.6% |
| Participation rate | 98.2% | 64.5%+33.7pp | 69.8%+28.5pp | 68.3%+29.9pp |
| Annual return | 14.42% | 19.12%-4.7pp | 20.50%-6.1pp | 40.90%-26.5pp |
| Employer contribution / active EE | $4,211 | $1,920+119.4% | $2,505+68.2% | $2,631+60.1% |
| Participant deferral / active EE | $5,625 | $3,136+79.4% | $4,008+40.4% | $4,212+33.6% |
| Admin fee / account holder | $11,448 | $5,786+97.8% | $6,956+64.6% | $7,344+55.9% |