Filed April 12, 2023
Total covered: 10 employees
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,284 | $45,073-8.4% | $69,455-40.6% | $72,985-43.4% |
| Participation rate | 100.0% | 68.5%+31.5pp | 74.6%+25.4pp | 69.5%+30.5pp |
| Annual return | 158.13% | 22.65%+135.5pp | 28.97%+129.2pp | 81.00%+77.1pp |
| Employer contribution / active EE | $3,094 | $2,054+50.6% | $2,779+11.3% | $2,440+26.8% |
| Participant deferral / active EE | $2,852 | $2,602+9.6% | $3,535-19.3% | $3,607-20.9% |
| Admin fee / account holder | $1,820 | $3,056-40.4% | $3,839-52.6% | $5,124-64.5% |