Filed June 10, 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 | $49,535 | $56,053-11.6% | $75,972-34.8% | $80,856-38.7% |
| Participation rate | 75.0% | 62.0%+13.0pp | 69.1%+5.9pp | 67.6%+7.4pp |
| Annual return | 9.40% | 20.53%-11.1pp | 359.55%-350.1pp | 35.59%-26.2pp |
| Employer contribution / active EE | $1,960 | $1,874+4.6% | $2,685-27.0% | $2,755-28.9% |
| Participant deferral / active EE | $4,255 | $3,052+39.4% | $4,2550% | $4,296-1.0% |
| Admin fee / account holder | $12,139 | $5,234+131.9% | $6,467+87.7% | $6,918+75.5% |