Filed January 19, 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 | $80,054 | $99,020-19.2% | $86,590-7.5% | $147,584-45.8% |
| Participation rate | 88.2% | 76.3%+11.9pp | 73.5%+14.7pp | 82.8%+5.4pp |
| Annual return | 29.31% | 1312.34%-1283.0pp | 964.84%-935.5pp | 578.55%-549.2pp |
| Employer contribution / active EE | $5,654 | $3,132+80.5% | $2,839+99.1% | $4,876+15.9% |
| Participant deferral / active EE | $9,990 | $3,972+151.5% | $3,609+176.8% | $5,439+83.7% |
| Admin fee / account holder | $1,492 | $5,710-73.9% | $4,906-69.6% | $10,885-86.3% |