Filed April 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.)
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 | $75,626 | $45,035+67.9% | $62,995+20.1% | $70,131+7.8% |
| Participation rate | 96.4% | 69.5%+26.9pp | 74.8%+21.6pp | 69.5%+26.9pp |
| Annual return | 16.64% | 18.76%-2.1pp | 87.57%-70.9pp | 73.14%-56.5pp |
| Employer contribution / active EE | $9,548 | $2,051+365.4% | $2,759+246.1% | $2,342+307.6% |
| Participant deferral / active EE | $3,360 | $2,465+36.3% | $3,329+0.9% | $3,332+0.9% |
| Admin fee / account holder | $9,017 | $2,834+218.1% | $3,600+150.5% | $4,645+94.1% |