Filed December 29, 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 | $49,694 | $171,865-71.1% | $149,718-66.8% | $147,584-66.3% |
| Participation rate | 100.0% | 88.2%+11.8pp | 87.1%+12.9pp | 82.8%+17.2pp |
| Annual return | 10.70% | 2113.22%-2102.5pp | 1501.63%-1490.9pp | 578.55%-567.8pp |
| Employer contribution / active EE | $6,552 | $6,275+4.4% | $5,445+20.3% | $4,876+34.4% |
| Participant deferral / active EE | $10,221 | $7,271+40.6% | $6,569+55.6% | $5,439+87.9% |
| Admin fee / account holder | $2,635 | $13,799-80.9% | $11,283-76.6% | $10,885-75.8% |