Filed January 29, 2024
Total covered: 6 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 | $150,825 | $109,881+37.3% | $150,045+0.5% | $84,808+77.8% |
| Participation rate | 85.5% | 76.1%+9.4pp | 82.3%+3.1pp | 68.3%+17.1pp |
| Annual return | 19.40% | 28.25%-8.8pp | 62.55%-43.1pp | 40.90%-21.5pp |
| Employer contribution / active EE | $6,631 | $3,561+86.2% | $4,693+41.3% | $2,631+152.0% |
| Participant deferral / active EE | $11,489 | $6,636+73.1% | $7,997+43.7% | $4,212+172.8% |
| Admin fee / account holder | $3,317 | $8,568-61.3% | $13,435-75.3% | $7,344-54.8% |