Filed December 27, 2022
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 5-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 | $21,208 | $88,751-76.1% | $81,812-74.1% | $145,922-85.5% |
| Participation rate | 83.3% | 75.0%+8.3pp | 72.3%+11.0pp | 80.3%+3.1pp |
| Annual return | 27.60% | 1025.40%-997.8pp | 773.79%-746.2pp | 561.29%-533.7pp |
| Employer contribution / active EE | $2,414 | $3,083-21.7% | $2,912-17.1% | $4,660-48.2% |
| Participant deferral / active EE | $5,138 | $4,643+10.7% | $4,319+19.0% | $6,688-23.2% |
| Admin fee / account holder | $954 | $8,415-88.7% | $7,386-87.1% | $13,397-92.9% |