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 | $115,564 | $183,963-37.2% | $162,163-28.7% | $152,861-24.4% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.4%+17.6pp |
| Annual return | 26.86% | 150.76%-123.9pp | 115.59%-88.7pp | 345.32%-318.5pp |
| Employer contribution / active EE | $3,878 | $6,371-39.1% | $5,614-30.9% | $4,762-18.6% |
| Participant deferral / active EE | $7,997 | $8,034-0.5% | $7,298+9.6% | $5,850+36.7% |
| Admin fee / account holder | $464 | $13,121-96.5% | $10,843-95.7% | $11,596-96.0% |