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 | $196,879 | $109,881+79.2% | $150,045+31.2% | $84,808+132.1% |
| Participation rate | 88.5% | 76.1%+12.4pp | 82.3%+6.2pp | 68.3%+20.2pp |
| Annual return | 17.53% | 28.25%-10.7pp | 62.55%-45.0pp | 40.90%-23.4pp |
| Employer contribution / active EE | $3,089 | $3,561-13.3% | $4,693-34.2% | $2,631+17.4% |
| Participant deferral / active EE | $10,356 | $6,636+56.1% | $7,997+29.5% | $4,212+145.9% |
| Admin fee / account holder | $501 | $8,568-94.1% | $13,435-96.3% | $7,344-93.2% |