Filed January 30, 2024 (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 | $66,370 | $123,793-46.4% | $177,821-62.7% | $79,858-16.9% |
| Participation rate | 91.4% | 84.7%+6.8pp | 87.7%+3.7pp | 69.6%+21.8pp |
| Annual return | 21.64% | 22.82%-1.2pp | 48.32%-26.7pp | 31.71%-10.1pp |
| Employer contribution / active EE | $1,938 | $4,095-52.7% | $5,918-67.3% | $2,471-21.6% |
| Participant deferral / active EE | $3,278 | $5,956-45.0% | $7,714-57.5% | $3,740-12.3% |
| Admin fee / account holder | $1,132 | $7,243-84.4% | $12,427-90.9% | $5,306-78.7% |