Filed January 13, 2025
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 | $121,319 | $99,341+22.1% | $84,750+43.1% | $273,961-55.7% |
| Participation rate | 93.8% | 80.7%+13.1pp | 76.6%+17.2pp | 83.0%+10.7pp |
| Annual return | 11.46% | 22.93%-11.5pp | 22.78%-11.3pp | 41.45%-30.0pp |
| Employer contribution / active EE | $1,217 | $4,214-71.1% | $3,574-65.9% | $4,869-75.0% |
| Participant deferral / active EE | $7,288 | $4,269+70.7% | $3,712+96.3% | $5,287+37.8% |
| Admin fee / account holder | $2,664 | $6,644-59.9% | $5,332-50.0% | $10,132-73.7% |