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 | $83,423 | $89,355-6.6% | $141,162-40.9% | $72,985+14.3% |
| Participation rate | 76.4% | 75.1%+1.2pp | 82.5%-6.1pp | 69.5%+6.9pp |
| Annual return | 22.01% | 111.85%-89.8pp | 71.39%-49.4pp | 81.00%-59.0pp |
| Employer contribution / active EE | $3,124 | $3,114+0.3% | $4,735-34.0% | $2,440+28.0% |
| Participant deferral / active EE | $6,615 | $5,418+22.1% | $6,709-1.4% | $3,607+83.4% |
| Admin fee / account holder | $2,380 | $5,958-60.1% | $10,261-76.8% | $5,124-53.6% |