Filed February 11, 2024
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 | $146,239 | $65,409+123.6% | $98,442+48.6% | $85,850+70.3% |
| Participation rate | 86.2% | 65.0%+21.2pp | 73.3%+12.9pp | 69.3%+16.9pp |
| Annual return | 29.90% | 21.76%+8.1pp | 1492.73%-1462.8pp | 318.53%-288.6pp |
| Employer contribution / active EE | $3,531 | $2,168+62.9% | $2,960+19.3% | $2,565+37.7% |
| Participant deferral / active EE | $8,914 | $3,166+181.5% | $4,276+108.5% | $3,952+125.6% |
| Admin fee / account holder | $13,531 | $4,593+194.6% | $5,949+127.4% | $6,260+116.1% |