Filed April 4, 2023
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 | $27,250 | $72,177-62.2% | $115,037-76.3% | $59,632-54.3% |
| Participation rate | 100.0% | 72.6%+27.4pp | 81.4%+18.6pp | 68.7%+31.3pp |
| Annual return | -0.93% | 12.02%-12.9pp | 26.14%-27.1pp | 2041.28%-2042.2pp |
| Employer contribution / active EE | $4,474 | $2,841+57.5% | $4,608-2.9% | $2,203+103.1% |
| Participant deferral / active EE | $4,590 | $4,783-4.0% | $6,026-23.8% | $3,192+43.8% |
| Admin fee / account holder | $1,816 | $4,927-63.1% | $8,175-77.8% | $4,297-57.7% |