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 | $109,745 | $48,795+124.9% | $65,493+67.6% | $84,808+29.4% |
| Participation rate | 96.8% | 67.0%+29.8pp | 73.1%+23.7pp | 68.3%+28.5pp |
| Annual return | 20.33% | 20.20%+0.1pp | 982.45%-962.1pp | 40.90%-20.6pp |
| Employer contribution / active EE | $18,952 | $1,930+882.1% | $2,574+636.2% | $2,631+620.3% |
| Participant deferral / active EE | $13,445 | $2,928+359.1% | $3,961+239.4% | $4,212+219.2% |
| Admin fee / account holder | $6,787 | $3,877+75.0% | $5,028+35.0% | $7,344-7.6% |