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.
Employer 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 | $18,096 | $123,793-85.4% | $177,821-89.8% | $79,858-77.3% |
| Participation rate | 72.7% | 84.7%-11.9pp | 87.7%-15.0pp | 69.6%+3.1pp |
| Annual return | 12.15% | 22.82%-10.7pp | 48.32%-36.2pp | 31.71%-19.6pp |
| Employer contribution / active EE | $873 | $4,095-78.7% | $5,918-85.2% | $2,471-64.7% |
| Participant deferral / active EE | $1,617 | $5,956-72.9% | $7,714-79.0% | $3,740-56.8% |
| Admin fee / account holder | $3,899 | $7,243-46.2% | $12,427-68.6% | $5,306-26.5% |