Filed November 6, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $61,711 | $160,055-61.4% | $140,016-55.9% | $135,375-54.4% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.5%+12.5pp | 82.6%+17.4pp |
| Annual return | -9.38% | 911.38%-920.8pp | 651.12%-660.5pp | 519.73%-529.1pp |
| Employer contribution / active EE | $5,600 | $6,420-12.8% | $5,606-0.1% | $4,779+17.2% |
| Participant deferral / active EE | $7,778 | $7,642+1.8% | $6,927+12.3% | $5,609+38.7% |
| Admin fee / account holder | $2,631 | $13,328-80.3% | $10,705-75.4% | $10,827-75.7% |