Filed April 2, 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.
| Provider | Service type | Compensation |
|---|---|---|
NEWEDGE ADVISORS LLC2 years Filed as: NEW EDGE ADVISORS, LLC. Service code 51 · EIN 46-0854203 | Investment Mgmt Fees | $75,329 |
EXPAND FINANCIAL2 years Filed as: EXPAND FINANCIAL LLC Service code 51 · EIN 27-1124147 | Investment Mgmt Fees | $72,313 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,534 | $122,693-52.3% | $184,203-68.2% | $199,593-70.7% |
| Participation rate | 97.8% | 86.8%+11.0pp | 86.8%+10.9pp | 72.0%+25.8pp |
| Annual return | 14.57% | 143.91%-129.3pp | 28.81%-14.2pp | 34.25%-19.7pp |
| Employer contribution / active EE | $1,238 | $4,584-73.0% | $6,427-80.7% | $3,034-59.2% |
| Participant deferral / active EE | $3,145 | $7,990-60.6% | $9,131-65.6% | $5,087-38.2% |
| Admin fee / account holder | $59 | $121-51.1% | $13,901-99.6% | $269-78.1% |