Filed February 28, 2024 (most recent of 3 filings on file)
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 | $105,508 | $58,851+79.3% | $115,157-8.4% | $72,985+44.6% |
| Participation rate | 100.0% | 65.5%+34.5pp | 75.9%+24.1pp | 69.5%+30.5pp |
| Annual return | 20.53% | 23.16%-2.6pp | 35.60%-15.1pp | 81.00%-60.5pp |
| Employer contribution / active EE | $5,669 | $1,798+215.3% | $3,179+78.3% | $2,440+132.4% |
| Participant deferral / active EE | $4,599 | $2,643+74.0% | $4,168+10.3% | $3,607+27.5% |
| Admin fee / account holder | $4,260 | $6,370-33.1% | $7,088-39.9% | $5,124-16.9% |