Filed June 7, 2024 (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 | $140,424 | $125,758+11.7% | $169,993-17.4% | $75,163+86.8% |
| Participation rate | 91.1% | 83.6%+7.5pp | 87.0%+4.1pp | 67.2%+23.9pp |
| Annual return | 14.04% | 27.20%-13.2pp | 53.37%-39.3pp | 160.62%-146.6pp |
| Employer contribution / active EE | $5,485 | $4,615+18.9% | $6,785-19.2% | $2,670+105.4% |
| Participant deferral / active EE | $6,334 | $6,837-7.4% | $10,408-39.1% | $4,125+53.6% |
| Admin fee / account holder | $25,113 | $8,173+207.2% | $12,815+96.0% | $5,651+344.4% |