Filed November 17, 2023
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 9-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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $29,012 | $89,753-67.7% | $107,525-73.0% | $84,808-65.8% |
| Participation rate | 87.1% | 68.1%+19.0pp | 75.1%+12.0pp | 68.3%+18.8pp |
| Annual return | 6.36% | 29.48%-23.1pp | 181.32%-175.0pp | 40.90%-34.5pp |
| Employer contribution / active EE | $2,339 | $3,113-24.9% | $3,754-37.7% | $2,631-11.1% |
| Participant deferral / active EE | $2,825 | $4,056-30.4% | $5,116-44.8% | $4,212-32.9% |
| Admin fee / account holder | $6,808 | $7,222-5.7% | $8,919-23.7% | $7,344-7.3% |