Filed August 21, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $36,888 | $63,156-41.6% | $122,332-69.8% | $62,292-40.8% |
| Participation rate | 85.5% | 60.0%+25.4pp | 71.6%+13.8pp | 69.5%+15.9pp |
| Annual return | 20.24% | 20.61%-0.4pp | 30.27%-10.0pp | 28.90%-8.7pp |
| Employer contribution / active EE | $705 | $1,385-49.1% | $4,050-82.6% | $2,042-65.5% |
| Participant deferral / active EE | $5,812 | $2,321+150.4% | $3,287+76.8% | $3,169+83.4% |
| Admin fee / account holder | $2,457 | $440+458.5% | $5,478-55.1% | $479+412.6% |