Filed June 26, 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 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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,395 | $109,413+30.1% | $156,263-8.9% | $84,808+67.9% |
| Participation rate | 97.6% | 72.7%+25.0pp | 78.9%+18.7pp | 68.3%+29.3pp |
| Annual return | 17.06% | 20.18%-3.1pp | 59.47%-42.4pp | 40.90%-23.8pp |
| Employer contribution / active EE | $6,620 | $2,907+127.7% | $4,333+52.8% | $2,631+151.6% |
| Participant deferral / active EE | $12,936 | $4,590+181.9% | $6,158+110.1% | $4,212+207.2% |
| Admin fee / account holder | $13,291 | $9,357+42.1% | $14,255-6.8% | $7,344+81.0% |