Filed October 4, 2023
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 | $118,657 | $105,998+11.9% | $92,233+28.6% | $147,584-19.6% |
| Participation rate | 90.9% | 80.4%+10.5pp | 76.5%+14.4pp | 82.8%+8.1pp |
| Annual return | 11.02% | 50.05%-39.0pp | 176.28%-165.3pp | 578.55%-567.5pp |
| Employer contribution / active EE | $4,661 | $4,333+7.6% | $3,679+26.7% | $4,876-4.4% |
| Participant deferral / active EE | $10,258 | $4,478+129.1% | $3,897+163.3% | $5,439+88.6% |
| Admin fee / account holder | $29,672 | $6,332+368.6% | $5,194+471.3% | $10,885+172.6% |