Filed June 1, 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 3-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 | $179,434 | $138,347+29.7% | $184,203-2.6% | $80,856+121.9% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.6%+32.4pp |
| Annual return | 12.87% | 20.02%-7.2pp | 28.81%-15.9pp | 35.59%-22.7pp |
| Employer contribution / active EE | $8,891 | $4,850+83.3% | $6,427+38.3% | $2,755+222.8% |
| Participant deferral / active EE | $7,172 | $7,071+1.4% | $9,131-21.5% | $4,296+67.0% |
| Admin fee / account holder | $10,777 | $10,483+2.8% | $13,901-22.5% | $6,918+55.8% |