Filed September 30, 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 | $87,989 | $82,664+6.4% | $125,339-29.8% | $68,494+28.5% |
| Participation rate | 84.8% | 75.0%+9.8pp | 82.4%+2.5pp | 67.9%+17.0pp |
| Annual return | -17.40% | -5.97%-11.4pp | 572.05%-589.4pp | -7.84%-9.6pp |
| Employer contribution / active EE | $2,525 | $3,381-25.3% | $4,814-47.5% | $2,596-2.7% |
| Participant deferral / active EE | $4,626 | $6,110-24.3% | $7,446-37.9% | $4,027+14.9% |
| Admin fee / account holder | $1,824 | $6,275-70.9% | $10,010-81.8% | $5,403-66.2% |