Filed December 11, 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.
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 | $68,587 | $40,256+70.4% | $57,343+19.6% | $59,632+15.0% |
| Participation rate | 76.5% | 69.2%+7.3pp | 75.1%+1.4pp | 68.7%+7.8pp |
| Annual return | 0.27% | 27.49%-27.2pp | 24.39%-24.1pp | 2041.28%-2041.0pp |
| Employer contribution / active EE | $1,992 | $1,922+3.7% | $2,689-25.9% | $2,203-9.6% |
| Participant deferral / active EE | $4,945 | $2,399+106.1% | $3,162+56.4% | $3,192+54.9% |
| Admin fee / account holder | $15,768 | $2,818+459.6% | $3,356+369.9% | $4,297+267.0% |