Filed April 5, 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 | $59,546 | $102,382-41.8% | $147,005-59.5% | $80,874-26.4% |
| Participation rate | 92.0% | 75.8%+16.2pp | 82.2%+9.8pp | 67.6%+24.4pp |
| Annual return | 17.32% | 134.89%-117.6pp | 418.76%-401.4pp | 35.62%-18.3pp |
| Employer contribution / active EE | $4,546 | $3,715+22.4% | $4,934-7.9% | $2,756+65.0% |
| Participant deferral / active EE | $12,213 | $6,646+83.8% | $8,070+51.3% | $4,297+184.2% |
| Admin fee / account holder | $3,532 | $7,942-55.5% | $13,006-72.8% | $6,935-49.1% |