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 | $138,022 | $197,591-30.1% | $177,821-22.4% | $158,922-13.2% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.7%+12.3pp | 82.0%+18.0pp |
| Annual return | 18.31% | 58.76%-40.5pp | 48.32%-30.0pp | 302.83%-284.5pp |
| Employer contribution / active EE | $4,004 | $6,697-40.2% | $5,918-32.3% | $4,761-15.9% |
| Participant deferral / active EE | $7,485 | $8,405-10.9% | $7,714-3.0% | $5,982+25.1% |
| Admin fee / account holder | $762 | $15,399-95.1% | $12,427-93.9% | $11,246-93.2% |