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 | $22,698 | $125,758-82.0% | $169,993-86.6% | $75,163-69.8% |
| Participation rate | 78.1% | 83.6%-5.5pp | 87.0%-8.9pp | 67.2%+10.9pp |
| Annual return | 18.82% | 27.20%-8.4pp | 53.37%-34.5pp | 160.62%-141.8pp |
| Employer contribution / active EE | $943 | $4,615-79.6% | $6,785-86.1% | $2,670-64.7% |
| Participant deferral / active EE | $1,935 | $6,837-71.7% | $10,408-81.4% | $4,125-53.1% |
| Admin fee / account holder | $1,309 | $8,173-84.0% | $12,815-89.8% | $5,651-76.8% |