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 | $108,149 | $82,664+30.8% | $125,339-13.7% | $68,494+57.9% |
| Participation rate | 75.4% | 75.0%+0.4pp | 82.4%-6.9pp | 67.9%+7.6pp |
| Annual return | -17.77% | -5.97%-11.8pp | 572.05%-589.8pp | -7.84%-9.9pp |
| Employer contribution / active EE | $3,099 | $3,381-8.3% | $4,814-35.6% | $2,596+19.4% |
| Participant deferral / active EE | $6,777 | $6,110+10.9% | $7,446-9.0% | $4,027+68.3% |
| Admin fee / account holder | $11,323 | $6,275+80.4% | $10,010+13.1% | $5,403+109.6% |