Filed July 11, 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 | $36,743 | $60,349-39.1% | $74,183-50.5% | $62,891-41.6% |
| Participation rate | 100.0% | 72.7%+27.3pp | 76.6%+23.4pp | 69.3%+30.7pp |
| Annual return | 7.90% | 21.37%-13.5pp | 17.74%-9.8pp | 20.14%-12.2pp |
| Employer contribution / active EE | $2,360 | $1,680+40.4% | $2,370-0.4% | $2,281+3.5% |
| Participant deferral / active EE | $2,985 | $2,856+4.5% | $3,550-15.9% | $3,203-6.8% |
| Admin fee / account holder | $1,129 | $4,261-73.5% | $5,586-79.8% | $4,296-73.7% |