Filed December 16, 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 8-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,642 | $157,256-93.2% | $141,162-92.5% | $152,861-93.0% |
| Participation rate | 100.0% | 84.8%+15.2pp | 82.5%+17.5pp | 82.4%+17.6pp |
| Annual return | 26.47% | 64.32%-37.9pp | 71.39%-44.9pp | 345.32%-318.8pp |
| Employer contribution / active EE | $866 | $5,261-83.5% | $4,735-81.7% | $4,762-81.8% |
| Participant deferral / active EE | $4,438 | $7,109-37.6% | $6,709-33.9% | $5,850-24.1% |
| Admin fee / account holder | $892 | $12,120-92.6% | $10,261-91.3% | $11,596-92.3% |