Filed May 29, 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 9-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 | $46,483 | $100,041-53.5% | $149,718-69.0% | $70,131-33.7% |
| Participation rate | 98.5% | 83.6%+14.9pp | 87.1%+11.4pp | 69.5%+28.9pp |
| Annual return | 24.24% | 27.43%-3.2pp | 1501.63%-1477.4pp | 73.14%-48.9pp |
| Employer contribution / active EE | $4,615 | $3,662+26.0% | $5,445-15.2% | $2,342+97.0% |
| Participant deferral / active EE | $0 | $4,983-100.0% | $6,569-100.0% | $3,332-100.0% |
| Admin fee / account holder | $1,808 | $8,286-78.2% | $11,283-84.0% | $4,645-61.1% |