Filed August 16, 2023 (most recent of 6 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 | $134,708 | $93,571+44.0% | $135,903-0.9% | $75,163+79.2% |
| Participation rate | 88.1% | 75.2%+13.0pp | 81.9%+6.2pp | 67.2%+20.9pp |
| Annual return | 21.45% | 30.90%-9.5pp | 68.23%-46.8pp | 160.62%-139.2pp |
| Employer contribution / active EE | $2,618 | $3,537-26.0% | $4,856-46.1% | $2,670-2.0% |
| Participant deferral / active EE | $8,529 | $6,404+33.2% | $7,758+9.9% | $4,125+106.8% |
| Admin fee / account holder | $335 | $6,975-95.2% | $10,762-96.9% | $5,651-94.1% |