Filed November 22, 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 | $79,320 | $81,460-2.6% | $103,333-23.2% | $80,856-1.9% |
| Participation rate | 90.0% | 66.8%+23.2pp | 74.5%+15.5pp | 67.6%+22.4pp |
| Annual return | 12.45% | 25.55%-13.1pp | 24.88%-12.4pp | 35.59%-23.1pp |
| Employer contribution / active EE | $1,424 | $3,105-54.2% | $3,868-63.2% | $2,755-48.3% |
| Participant deferral / active EE | $6,816 | $3,869+76.2% | $5,057+34.8% | $4,296+58.7% |
| Admin fee / account holder | $7,846 | $6,566+19.5% | $8,355-6.1% | $6,918+13.4% |