Filed August 29, 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 | $61,085 | $109,359-44.1% | $162,163-62.3% | $72,985-16.3% |
| Participation rate | 100.0% | 84.3%+15.7pp | 87.6%+12.4pp | 69.5%+30.5pp |
| Annual return | 21.31% | 25.46%-4.1pp | 115.59%-94.3pp | 81.00%-59.7pp |
| Employer contribution / active EE | $5,130 | $3,907+31.3% | $5,614-8.6% | $2,440+110.3% |
| Participant deferral / active EE | $3,656 | $5,481-33.3% | $7,298-49.9% | $3,607+1.3% |
| Admin fee / account holder | $1,116 | $7,972-86.0% | $10,843-89.7% | $5,124-78.2% |