Filed January 6, 2023
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 | $59,796 | $165,335-63.8% | $149,696-60.1% | $158,922-62.4% |
| Participation rate | 75.0% | 84.6%-9.6pp | 82.5%-7.5pp | 82.0%-7.0pp |
| Annual return | 40.31% | 348.15%-307.8pp | 276.60%-236.3pp | 302.83%-262.5pp |
| Employer contribution / active EE | $1,250 | $5,103-75.5% | $4,644-73.1% | $4,761-73.7% |
| Participant deferral / active EE | $6,606 | $7,181-8.0% | $6,842-3.5% | $5,982+10.4% |
| Admin fee / account holder | $6,590 | $10,807-39.0% | $9,309-29.2% | $11,246-41.4% |