Filed September 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $43,677 | $86,286-49.4% | $111,297-60.8% | $85,850-49.1% |
| Participation rate | 82.9% | 73.3%+9.5pp | 77.3%+5.5pp | 69.3%+13.5pp |
| Annual return | 9.99% | 19.99%-10.0pp | 54.65%-44.7pp | 318.53%-308.5pp |
| Employer contribution / active EE | $2,591 | $2,043+26.8% | $2,731-5.1% | $2,565+1.0% |
| Participant deferral / active EE | $3,674 | $3,641+0.9% | $4,487-18.1% | $3,952-7.0% |
| Admin fee / account holder | $4,294 | $8,188-47.6% | $7,964-46.1% | $6,260-31.4% |