Filed August 15, 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 | $74,995 | $87,841-14.6% | $133,980-44.0% | $62,891+19.2% |
| Participation rate | 81.7% | 83.4%-1.7pp | 87.1%-5.3pp | 69.3%+12.4pp |
| Annual return | 7.53% | 12.05%-4.5pp | 29.30%-21.8pp | 20.14%-12.6pp |
| Employer contribution / active EE | $1,401 | $3,483-59.8% | $5,211-73.1% | $2,281-38.6% |
| Participant deferral / active EE | $3,110 | $4,812-35.4% | $6,282-50.5% | $3,203-2.9% |
| Admin fee / account holder | $1,363 | $5,371-74.6% | $9,324-85.4% | $4,296-68.3% |