Filed June 1, 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 6-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 | $55,250 | $94,752-41.7% | $112,887-51.1% | $139,434-60.4% |
| Participation rate | 100.0% | 81.3%+18.7pp | 80.5%+19.5pp | 80.3%+19.7pp |
| Annual return | 18.96% | 40.88%-21.9pp | 34.10%-15.1pp | 372.94%-354.0pp |
| Employer contribution / active EE | $3,457 | $4,625-25.3% | $4,563-24.3% | $4,751-27.2% |
| Participant deferral / active EE | $13,569 | $6,512+108.4% | $6,513+108.3% | $6,710+102.2% |
| Admin fee / account holder | $596 | $8,527-93.0% | $7,047-91.5% | $11,403-94.8% |