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 | $99,677 | $54,350+83.4% | $82,719+20.5% | $68,494+45.5% |
| Participation rate | 100.0% | 63.9%+36.1pp | 72.6%+27.4pp | 67.9%+32.1pp |
| Annual return | -19.31% | -13.67%-5.6pp | 701.18%-720.5pp | -7.84%-11.5pp |
| Employer contribution / active EE | $12,613 | $2,218+468.6% | $3,009+319.2% | $2,596+385.8% |
| Participant deferral / active EE | $12,128 | $3,246+273.6% | $4,395+175.9% | $4,027+201.1% |
| Admin fee / account holder | $11,587 | $4,395+163.6% | $5,329+117.4% | $5,403+114.5% |