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 | $45,132 | $98,750-54.3% | $149,696-69.9% | $79,858-43.5% |
| Participation rate | 87.3% | 75.8%+11.5pp | 82.5%+4.8pp | 69.6%+17.6pp |
| Annual return | 19.90% | 27.43%-7.5pp | 276.60%-256.7pp | 31.71%-11.8pp |
| Employer contribution / active EE | $4,327 | $3,216+34.5% | $4,644-6.8% | $2,471+75.1% |
| Participant deferral / active EE | $7,866 | $5,680+38.5% | $6,842+15.0% | $3,740+110.3% |
| Admin fee / account holder | $1,893 | $6,053-68.7% | $9,309-79.7% | $5,306-64.3% |