Filed May 31, 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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,209 | $65,395-30.9% | $182,532-75.2% | $72,985-38.1% |
| Participation rate | 92.4% | 65.4%+26.9pp | 78.0%+14.4pp | 69.5%+22.9pp |
| Annual return | 34.09% | 27.68%+6.4pp | 148.54%-114.4pp | 81.00%-46.9pp |
| Employer contribution / active EE | $3,625 | $1,911+89.7% | $4,076-11.1% | $2,440+48.6% |
| Participant deferral / active EE | $6,601 | $3,563+85.3% | $5,524+19.5% | $3,607+83.0% |
| Admin fee / account holder | $7,479 | $4,245+76.2% | $8,592-13.0% | $5,124+46.0% |