Filed February 23, 2023 (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.
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 | $16,559 | $109,359-84.9% | $162,163-89.8% | $72,985-77.3% |
| Participation rate | 75.8% | 84.3%-8.4pp | 87.6%-11.7pp | 69.5%+6.3pp |
| Annual return | 25.51% | 25.46%0pp | 115.59%-90.1pp | 81.00%-55.5pp |
| Employer contribution / active EE | $1,388 | $3,907-64.5% | $5,614-75.3% | $2,440-43.1% |
| Participant deferral / active EE | $1,337 | $5,481-75.6% | $7,298-81.7% | $3,607-62.9% |
| Admin fee / account holder | $2,655 | $7,972-66.7% | $10,843-75.5% | $5,124-48.2% |