Filed September 11, 2023 (most recent of 3 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 | $150,891 | $65,409+130.7% | $98,442+53.3% | $85,850+75.8% |
| Participation rate | 85.4% | 65.0%+20.4pp | 73.3%+12.1pp | 69.3%+16.1pp |
| Annual return | 19.23% | 21.76%-2.5pp | 1492.73%-1473.5pp | 318.53%-299.3pp |
| Employer contribution / active EE | $5,579 | $2,168+157.4% | $2,960+88.5% | $2,565+117.5% |
| Participant deferral / active EE | $6,323 | $3,166+99.7% | $4,276+47.9% | $3,952+60.0% |
| Admin fee / account holder | $4,041 | $4,593-12.0% | $5,949-32.1% | $6,260-35.5% |