Filed June 8, 2023 (most recent of 4 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 | $48,599 | $110,094-55.9% | $151,611-67.9% | $68,494-29.0% |
| Participation rate | 88.9% | 84.0%+4.9pp | 87.5%+1.4pp | 67.9%+21.0pp |
| Annual return | -8.12% | -10.12%+2.0pp | 3.33%-11.5pp | -7.84%-0.3pp |
| Employer contribution / active EE | $2,511 | $4,471-43.8% | $6,166-59.3% | $2,596-3.3% |
| Participant deferral / active EE | $4,000 | $6,527-38.7% | $8,363-52.2% | $4,027-0.7% |
| Admin fee / account holder | $4,052 | $7,719-47.5% | $11,616-65.1% | $5,403-25.0% |