Filed July 3, 2024
Total covered: 8 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 | $50,183 | $46,553+7.8% | $64,056-21.7% | $75,163-33.2% |
| Participation rate | 93.3% | 65.9%+27.4pp | 72.3%+21.0pp | 67.2%+26.1pp |
| Annual return | 20.01% | 26.03%-6.0pp | 33.69%-13.7pp | 160.62%-140.6pp |
| Employer contribution / active EE | $14,688 | $1,974+644.2% | $2,747+434.8% | $2,670+450.2% |
| Participant deferral / active EE | $11,327 | $2,837+299.3% | $3,880+191.9% | $4,125+174.6% |
| Admin fee / account holder | $2,230 | $2,952-24.5% | $3,068-27.3% | $5,651-60.5% |