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 | $108,048 | $93,571+15.5% | $135,903-20.5% | $75,163+43.8% |
| Participation rate | 72.5% | 75.2%-2.7pp | 81.9%-9.4pp | 67.2%+5.3pp |
| Annual return | 17.56% | 30.90%-13.3pp | 68.23%-50.7pp | 160.62%-143.1pp |
| Employer contribution / active EE | $2,136 | $3,537-39.6% | $4,856-56.0% | $2,670-20.0% |
| Participant deferral / active EE | $3,979 | $6,404-37.9% | $7,758-48.7% | $4,125-3.5% |
| Admin fee / account holder | $3,290 | $6,975-52.8% | $10,762-69.4% | $5,651-41.8% |