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 | $77,239 | $48,230+60.1% | $67,502+14.4% | $80,856-4.5% |
| Participation rate | 100.0% | 66.4%+33.6pp | 72.9%+27.1pp | 67.6%+32.4pp |
| Annual return | 17.67% | 18.28%-0.6pp | 3512.12%-3494.5pp | 35.59%-17.9pp |
| Employer contribution / active EE | $17,484 | $2,020+765.7% | $2,731+540.2% | $2,755+534.7% |
| Participant deferral / active EE | $13,421 | $2,924+359.0% | $4,000+235.5% | $4,296+212.4% |
| Admin fee / account holder | $8,355 | $3,681+127.0% | $3,998+109.0% | $6,918+20.8% |