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 | $65,676 | $39,122+67.9% | $57,179+14.9% | $62,891+4.4% |
| Participation rate | 82.7% | 70.5%+12.2pp | 75.3%+7.3pp | 69.3%+13.4pp |
| Annual return | 7.03% | 9.23%-2.2pp | 14.59%-7.6pp | 20.14%-13.1pp |
| Employer contribution / active EE | $1,804 | $1,874-3.7% | $2,682-32.7% | $2,281-20.9% |
| Participant deferral / active EE | $4,956 | $2,374+108.8% | $3,096+60.1% | $3,203+54.7% |
| Admin fee / account holder | $6,546 | $2,592+152.5% | $3,139+108.5% | $4,296+52.4% |