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 | $121,421 | $54,350+123.4% | $82,719+46.8% | $68,494+77.3% |
| Participation rate | 73.5% | 63.9%+9.6pp | 72.6%+1.0pp | 67.9%+5.6pp |
| Annual return | -15.00% | -13.67%-1.3pp | 701.18%-716.2pp | -7.84%-7.2pp |
| Employer contribution / active EE | $2,569 | $2,218+15.8% | $3,009-14.6% | $2,596-1.1% |
| Participant deferral / active EE | $8,270 | $3,246+154.8% | $4,395+88.2% | $4,027+105.4% |
| Admin fee / account holder | $6,080 | $4,395+38.3% | $5,329+14.1% | $5,403+12.5% |