Filed April 2, 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 | $71,650 | $85,766-16.5% | $136,294-47.4% | $70,131+2.2% |
| Participation rate | 90.7% | 74.2%+16.5pp | 81.9%+8.8pp | 69.5%+21.2pp |
| Annual return | 23.92% | 31.45%-7.5pp | 5155.94%-5132.0pp | 73.14%-49.2pp |
| Employer contribution / active EE | $3,504 | $2,966+18.1% | $4,695-25.4% | $2,342+49.6% |
| Participant deferral / active EE | $7,299 | $5,051+44.5% | $6,247+16.8% | $3,332+119.1% |
| Admin fee / account holder | $2,445 | $5,420-54.9% | $9,243-73.5% | $4,645-47.4% |