Filed January 4, 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 | $68,459 | $140,588-51.3% | $123,104-44.4% | $125,391-45.4% |
| Participation rate | 100.0% | 88.2%+11.8pp | 86.8%+13.2pp | 83.2%+16.8pp |
| Annual return | -3.12% | 16.80%-19.9pp | 13.22%-16.3pp | 282.22%-285.3pp |
| Employer contribution / active EE | $1,793 | $6,041-70.3% | $5,151-65.2% | $4,866-63.2% |
| Participant deferral / active EE | $9,741 | $6,980+39.6% | $6,230+56.4% | $5,352+82.0% |
| Admin fee / account holder | $397 | $11,198-96.5% | $9,015-95.6% | $9,540-95.8% |