Filed February 6, 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 8-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.
| Provider | Service type | Compensation |
|---|---|---|
WILLIAM BLAIR4 years Filed as: WILLIAM BLAIR & CO. Service code 27 · EIN 36-2214610 | Advisory (Plan) | $54,690 |
Service code 37 · EIN 04-2647786 | Loan Processing | $3,498 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,798 | $73,397+15.5% | $178,014-52.4% | $74,546+13.8% |
| Participation rate | 77.7% | 66.6%+11.1pp | 77.1%+0.6pp | 67.2%+10.5pp |
| Annual return | 16.44% | 17.49%-1.1pp | 294.80%-278.4pp | 1366.03%-1349.6pp |
| Employer contribution / active EE | $4,864 | $2,217+119.3% | $3,950+23.1% | $2,624+85.3% |
| Participant deferral / active EE | $12,226 | $4,512+171.0% | $6,276+94.8% | $4,347+181.2% |
| Admin fee / account holder | $348 | $1,809-80.7% | $10,362-96.6% | $1,944-82.1% |