Filed February 2, 2024
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,743 | $74,089-34.2% | $133,980-63.6% | $55,167-11.6% |
| Participation rate | 92.2% | 84.3%+8.0pp | 87.1%+5.2pp | 69.0%+23.3pp |
| Annual return | 5.37% | 12.11%-6.7pp | 29.30%-23.9pp | 169.23%-163.9pp |
| Employer contribution / active EE | $436 | $3,064-85.8% | $5,211-91.6% | $1,963-77.8% |
| Participant deferral / active EE | $2,175 | $4,678-53.5% | $6,282-65.4% | $3,054-28.8% |
| Admin fee / account holder | $761 | $458+66.0% | $9,324-91.8% | $504+51.0% |